Completion of the sale of Trustmarque

Capita plc - Completion of the sale of Trustmarque

PR Newswire

London, March 31

Completion of the sale of Trustmarque

1 April 2022

Capita plc (“Capita”) announces that it has completed the sale of its Trustmarque business to One Equity Partners on the terms as announced on 28 January 2022.

Taking into account cash-like and debt-like items, Capita received net proceeds of £118m at completion which included an additional £3m of contingent consideration.

The completion of the transaction follows receipt of the necessary consents. The proceeds, net of transaction costs, will be used to strengthen the balance sheet and reduce debt.

For more information please contact:

Capita investor enquiries

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

Capita media enquiries

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