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Pin to quick picksCapita Share News (CPI)

Share Price Information for Capita (CPI)

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Share Price: 13.48
Bid: 13.34
Ask: 13.46
Change: 0.04 (0.30%)
Spread: 0.12 (0.90%)
Open: 13.44
High: 13.50
Low: 13.42
Prev. Close: 13.44
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UPDATE 1-Capita to unveil restructuring and 400 mln stg disposal plan -Sky News

Tue, 16th Mar 2021 20:58

(Adds Capita's response)

March 16 (Reuters) - Capita PLC on Wednesday will
unveil a fresh restructuring of the embattled outsourcer, along
with a plan to raise 400 million pounds ($556.04 million) from a
string of disposals, Sky News reported https://bit.ly/38KIV7i on
Tuesday.

Capita, which provides IT-led business services to the
public and private sector, will be reorganised under two core
divisions called government services and customer management,
with a third division to be responsible for managing the
company's non-core businesses, Sky said.

The company has been trying to sell its non-core assets for
the past year to shore up its finances.

Capita declined to comment on the Sky News report.
($1 = 0.7194 pounds)
(Reporting by Radhika Anilkumar in Bengaluru;
Editing by Marguerita Choy and Dan Grebler)

More News
20 Jul 2023 11:49

Capita awarded framework to supply Disabled Students' Allowance services

(Sharecast News) - Outsourcer Capita said on Thursday that it has secured a contract to supply disabled students' allowance services.

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3 Jul 2023 11:06

IN BRIEF: Capita extends revolving credit facility to end of 2026

Capita PLC - London-based process outsourcing and professional services company - Extends the maturity of its revolving credit facility by just over two years to December 31, 2026 from August 31, 2024. The available facility is for GBP284 million, reducing to GBP250 million by January 1, 2025. The facility was arranged by seven lenders. These comprised two new banking partners, Standard Chartered PLC and the London branch of Bank of China Ltd, plus five existing lenders, including Barclays Bank PLC and Lloyds Banking Group PLC. The original terms of the RCF are "substantially unchanged." Barclays acted as the coordinator for the arrangement.

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3 Jul 2023 07:21

Capita extends revolving credit facility to end of 2026

(Sharecast News) - Capita announced on Monday that it has extended the maturity of its revolving credit facility out to 31 December 2026.

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13 Jun 2023 12:56

Capita secures £50m contract with City of London Police

(Sharecast News) - Capita has been awarded a contract by the City of London Police to deliver customer contact and victim engagement services for the force's new fraud reporting service.

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13 Jun 2023 11:31

Capita wins GBP50 million contract from City of London Police

(Alliance News) - Capita PLC on Tuesday said it has been awarded a GBP50 million contract by the City of London Police to deliver customer contact and victim engagement services for the force's new fraud reporting service.

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8 Jun 2023 10:20

Capita to sell non-core businesses to AdvancedAdvT in reverse takeover

(Alliance News) - Capita PLC on Thursday said it will sell five non-core software businesses to London-based acquisition vehicle AdvancedAdvT Ltd, in what the latter said will constitute a reverse takeover.

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8 Jun 2023 07:49

Capita sells software business for £33m

(Sharecast News) - UK government contractor Capita said it has agreed to sell its five software businesses for an enterprise value of £33m, as the outsourcer tries to strengthen its balance sheet.

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7 Jun 2023 06:44

Cybercrime gang gives BBC, British Airways, Boots ultimatum after hack

(Alliance News) - A cybercrime gang that is thought to be based in Russia has warned more than 100,000 staff at major British companies to email them before June 14 or stolen data will be published.

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5 Jun 2023 10:07

SMALL-CAP WINNERS & LOSERS: Restaurant Group rises on stock upgrade

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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5 Jun 2023 09:50

Capita facing possible legal action over cyberattack - report

(Sharecast News) - Capita is reportedly facing possible legal action after the outsourcer was hit by a cyberattack earlier this year.

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5 Jun 2023 09:47

CORRECT (May 31): British Land Co drops out of FTSE 100; IMI joins

(Correcting that index changes are effective from June 19.)

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1 Jun 2023 11:38

IN BRIEF: Capita completes sales of resourcing arms, Security Watchdog

Capita PLC - London-based process outsourcing and professional services company - Completes sale of resourcing businesses - Capita Resourcing, HR Solutions and ThirtyThree - to Inspirit Capital for an initial payment of around GBP17 million. Says it will receive a further deferred consideration of around GBP7 million from the sale of its resourcing businesses on November 30. The money received after transaction costs will be used to strengthen the balance sheet and reduce debt. Inspirit Capital is the trading name of Inspirit Management Ltd.

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31 May 2023 18:06

TOP NEWS: British Land Co drops out of FTSE 100; IMI joins blue-chips

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review.

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25 May 2023 13:31

Capita secures disability services contracts; confirms sale of PageOne

(Alliance News) - Capita PLC said on Thursday that it had confirmed two contracts with government departments worth GBP565 million for services across the UK, and that it had confirmed the sale of its subsidiary PageOne.

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25 May 2023 13:05

Capita named preferred bidder on contracts worth £565m

(Sharecast News) - Capita has been selected as preferred bidder to deliver new services designed to assess how much people should be paid in benefits.

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