Investors

Scrip Dividend Documents

Scrip Dividend Scheme

ConvaTec offers a scrip dividend scheme (“Scheme”) which enables shareholders to elect to receive new fully paid shares instead of a cash dividend. The Scheme was approved by shareholders at the 2017 Annual General Meeting. The terms of the Scheme were distributed to shareholders on 8 September 2017. The full terms and conditions of the Scheme and letter from the Chairman can be downloaded here. Please ensure that you read the applicable terms and conditions prior to making a scrip dividend election decision.

Scheme Rules

Letter from Chairman

If you have any queries regarding electing to participate in the scrip dividend then please contact the Company’s registrars, Computershare, on +44 (0)370 703 6219. Calls will be charged at the standard geographic rate and will vary by provider.  Calls outside the United Kingdom will be charged at the applicable international rate.  The helpline is open between 9.00 a.m. and 5.30 p.m., Monday to Friday excluding public holidays in England and Wales. If you are registered with Computershare for electronic communication regarding ConvaTec, then you may elect to participate in the Scheme electronically through its investor centre website at www.investorcentre.co.uk.

2017 Final Dividend

On 13 February 2018, the Board proposed the final dividend in respect of 2017 subject to shareholder approval at our Annual General Meeting on 10 May 2018, to be distributed on 17 May 2018 to shareholders registered at the close of business on 6 April 2018 in the total amount of $83.9 million, representing 4.3 cents per share based upon the issued and fully paid share capital as at 31 December 2017. The dividend on ordinary shares shall be declared in USD and will be paid in Sterling at the chosen exchange rate of $1.39/£1.00 determined on 13 February 2018. A scrip dividend alternative shall be offered in respect of the final dividend, allowing shareholders to elect by 20 April 2018 to receive their dividend in the form of new ordinary shares. The interim dividend of 1.4 cents per share and the final dividend of 4.3 cents per share gives a total dividend for the year of 5.7 cents per share.

Key dates in respect of the cash and scrip dividend Scheme for the final dividend are:

 

 

Ex-dividend Date

5 April 2018

Record Date

6 April 2018

Scrip calculation price determined

5-11 April 2018 (inclusive)

Scrip calculation price available and announced

12 April 2018

Mandate delivery deadline for Shares held in uncertificated form

3.00 p.m. on 20 April 2018

Mandate delivery deadline for Shares held in certificated form

5.00 p.m. on 20 April 2018

Announcement of the total amount of new shares to be issued

26 April 2018

Dividend payment date

17 May 2018

Dispatch of statement in accordance with section 7 of Scheme Rules and share certificates, CREST accounts credited/updated, and first day of dealings in New Shares

17 May 2018

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