Capita Regulatory News (CPI)

Capita plc - Capita announces 5-yr extension to TV licensing contract

PR Newswire

London, February 17

17 February 2022

Capita announces five-year extension to TV licensing contract

Capita plc (‘Capita’) today announces it has secured a five-year contract extension to continue to administer the TV licence fee in the UK.

The contract renewal, worth £456m, builds upon the current contractual framework and will run from July 2022 to June 2027.

Capita has fulfilled TV licensing collection, management and administration on behalf of the BBC for more than 20 years – and employs more than 1,000 people in the UK on the contract.

Jon Lewis, Capita’s chief executive officer, said:

“The award of this contract builds upon the knowledge and understanding we have developed of this client’s business over the last 20 years.

“The renewal also reflects our extensive experience and systems expertise in delivering technology-enabled customer management services.”

Notes to editors:

The total IFRS 15 transaction price (order book) is £456m.

For more information, please contact:

Investor enquiriesStuart MorganDirector of Investor RelationsTel: 07989 665484Email: IRteam@capita.co.uk

Media enquiriesCapita external communicationsTel: 0207 654 2399Email: media@capita.co.uk 

About Capita

Capita is a consulting, transformation and digital services business. Every day our 55,000 colleagues help millions of people, by delivering innovative solutions to transform and simplify the connections between government and citizens, businesses and customers. We partner with our clients and provide the insight and cutting-edge technologies that give time back, allowing them to focus on what they do best, and making people’s lives easier and simpler. We now operate across three divisions – Capita Public Service, Capita Experience and Capita Portfolio – in the UK, Europe, India and South Africa.

Further information can be found at:http://www.capita.com

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