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Further to the announcement on 3 June , Scapa continues to prepare its response and pursue all appropriate rights and remedies against ConvaTec Inc. The figure includes the impact on other facilities which supply materials for ConvaTec products in Knoxville. The Company will continue to assess further revenue opportunities as well as reviewing its ongoing cost base.

Scapa is confident in asserting its rights and pursuing appropriate remedies.

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The Board remains committed to its strategy and believes it has the right capabilities and management to fully deliver its growth priorities and we will not be distracted by the recent claims published by ConvaTec, which we will robustly contest. I am confident in the foundations of the Company, which are strong. We have the right culture and excellent people in place to deliver against our current strategy, which is generating success.

In particular, we have made significant strides in expanding our healthcare business and we are well positioned to take advantage of the many tech-transfer opportunities we are seeing in the medtech market. I remain fully committed to executing this strategy designed to create value for all stakeholders. About Scapa Group Ltd Scapa Group Ltd is a diversified Healthcare and Industrial company focused on bringing best-in-class innovation, design and manufacturing solutions to its customers.

We partner with the top global MedTech companies to develop and manufacture innovative skin friendly medical device fixation and topical solutions, from inception through to market delivery, from our state-of-the-art facilities. For further information, please visit:.