Share Issue/Capital Change • Dec 15, 2025
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
Capita
15 Dec 2025 07:00 UTC
15 December 2025
Exercise of settlement option
Capita plc (‘Capita’)
Further to the announcement on 12 December 2025 regarding the transition agreement for the remaining two closed book Life & Pensions contracts, with its last client, Royal London’s legacy business, Capita confirms that the settlement option pursuant to that agreement has been exercised.
Under the terms of the settlement option, The Royal London Mutual Insurance Company Limited will receive 5,670,909 ordinary shares, representing approximately 4.96% of the Group’s issued share capital, in settlement of Capita's obligation to make an initial payment of approximately £22.47m. As noted in the announcement on 12 December, the newly issued shares will be subject to customary lock-up arrangements during the migration period, which is expected to be five years.
An application is being made to the Financial Conduct Authority and the London Stock Exchange for a total of 5,670,909 ordinary shares of 31 pence each to be admitted to the Official List and for trading on the Main Market for listed securities. Admission is expected to occur on or around 18 December 2025. When issued, the shares will rank pari passu with Capita’s existing ordinary shares.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). Upon publication via a Regulatory Information Service, this inside information is now considered to be in the public domain.
For more information, please contact:
Investor enquiries
Helen Parris, Director of Investor Relations
Tel: 07720 169 269
Email: [email protected]
Stephanie Little, Head of Investor Relations
Tel: 07541 622 838
Email: [email protected]
Media enquiries
Capita external communications
Tel: 0207 654 2399
Email: [email protected]
About Capita plc
Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across eight countries, Capita’s 34,000 colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society - our work matters to the lives of the millions of people who rely on us every day.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). Upon publication via a Regulatory Information Service, this inside information is now considered to be in the public domain.
MFN is a regulatory news distribution service and it is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. The service is built to easily manage all the tasks of news distribution for listed companies.
For further information, please contact [email protected] or visit Modular Finance.
View the source version on MFN: Statement re Exercise of settlement option
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.