ConvaTec Regulatory News (CTEC)

14 November 2016

Not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States or any jurisdiction in which such distribution would be unlawful.

ConvaTec Group Plc

Exercise of Over-allotment Option

Goldman Sachs International, acting as the Stabilisation Manager in connection with the initial public offering of ConvaTec Group Plc ("ConvaTec") has today informed ConvaTec that the following stabilisation measures were carried out during the stabilisation period from 26 October 2016 until 11 November 2016 in relation to the ordinary shares of ConvaTec ("Shares") (ISIN GB00BD3VFW73), which started trading on the London Stock Exchange's premium listing segment of the Official List on 26 October 2016:

The greenshoe option to purchase up to 98,960,249 Shares, granted to Goldman Sachs International (in its capacity as Stabilisation Manager on behalf of the underwriters) by certain ConvaTec shareholders was exercised by Goldman Sachs International on 14 November 2016 in the amount of 45,621,561 Shares.

Disclaimer

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of ConvaTec Group Plc in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.