Completion of the sale of AXELOS Limited

Capita plc - Completion of the sale of AXELOS Limited

PR Newswire

London, July 29

30 July 2021

Capita plc

Completion of the sale of AXELOS Limited (‘AXELOS’)

Capita plc (‘Capita’) is pleased to announce that Capita and Cabinet Office yesterday completed the sale of AXELOS to PeopleCert International Limited, on the terms as announced on 21 June 2021.

In July, Capita has received the proceeds from the AXELOS disposal and the contingent proceeds due once ESS and ParentPay’s merger was approved by the CMA. The inflow of £228m provides additional liquidity to strengthen Capita’s balance sheet, meet debt maturities as they fall due over the next 18 months and support the ongoing implementation of its transformation plan.

For more information please contact:

Capita investor enquiries

Stuart Morgan

Director of Investor Relations

Tel: 07989 665484

Email: IRteam@capita.co.uk

Capita media enquiries

Capita external communications

Tel: 0207 654 2399

Email: media@capita.co.uk

LEI no. CMIGEWPLHL4M7ZV0IZ88

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 businesses and customers, governments and citizens. We partner with 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 operate in the UK, Europe, India and South Africa – and currently across six divisions: Customer Management; Government Services; People Solutions; Software; Specialist Services; and Technology Solutions, shortly to be simplified into three divisions. Capita is quoted on the London Stock Exchange (CPI.L). Further information can be found at: http://www.capita.com

Important Notices

This announcement is an announcement and not a circular or prospectus or equivalent document and prospective investors should not make any investment decision on the basis of its contents. Nothing in this announcement constitutes an offer of securities for sale in any jurisdiction.

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ENDS