REG-Capita PLC: Completion of the sale of AXELOS Limited

CapitaAnnouncement

30/07/2021 07:05

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.

If you are in any doubt as to what action you should take in relation to this
announcement, you are recommended to seek your own personal financial advice
immediately from your stockbroker, bank manager, solicitor, accountant or
other independent financial adviser authorised under the Financial Services
and Markets Act 2000, or from another appropriately authorised independent
financial adviser.

This announcement is not for release, publication or distribution, in whole or
in part, in, into or from any jurisdiction where to do so would constitute a
violation of the relevant laws of that jurisdiction. Persons into whose
possession this announcement comes should inform themselves about, and
observe, such restrictions. Any failure to comply with the restrictions may
constitute a violation of the securities laws of any such jurisdiction.

ENDS



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