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Capita PLC

M&A Activity May 3, 2022

5279_rns_2022-05-03_746bcfb4-299d-4c35-bcfe-760f4de26efe.html

M&A Activity

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National Storage Mechanism | Additional information

Capita plc - Sale of speciality insurance businesses

PR Newswire

London, May 2

Date: 3 May 2022

Completion of the sale of speciality insurance businesses

Capita plc has today completed the sale of its speciality insurance businesses to Marco Capital Holdings (UK) Limited on the terms as announced on 2 November 2021.

The sale comprised two businesses: Capita Commercial Insurance Services Limited and Capita Managing Agency Limited.

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

ENDS

For more information, please contact:

Investor enquiries

Stuart Morgan

Director of Investor Relations

Tel: 07989 665484

Email: [email protected]

Media enquiries

Capita external communications

Tel: 0207 654 2399

Email: [email protected]

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