REG-Capita PLC: Shareholder approval for sale of 51% interest in Axelos

CapitaAnnouncement

17/07/2021 18:40

Capita plc

(“Capita” or the “Company”)

Shareholder approval for the sale of Capita’s 51% interest in AXELOS Limited

Capita is pleased to announce that the resolution proposed at the general
meeting of the Company held at 10:30 a.m. on 15 July 2021 (the “General
Meeting”), seeking approval for the proposed sale of its 51% interest in
AXELOS Limited to PeopleCert International Limited (the “Disposal”), was
duly passed by shareholders. Full details of the poll result are set out
below.

 Resolution                     Votes For      %      Votes Against  %     Votes Total    % of ISC Voted  Votes Withheld  
 THAT the Disposal be approved  1,244,878,060  99.99  113,269        0.01  1,244,991,329  73.92%          479,607         

We have now satisfied all the Capita conditions precedent and are awaiting
anti-trust clearance in Cyprus before completion.

The full text of the resolution is set out in the notice of General Meeting
forming part of the circular to shareholders dated 28 June 2021.
 

Please note a ‘vote withheld’ is not a vote under English law and is
therefore not included in the calculation of votes ‘for’ and ‘against’
the resolution.
 

The total number of issued ordinary shares in the Company (excluding treasury
shares) as at 6:00 p.m. on 13 July 2021, being the voting record time, was
1,684,273,523 ordinary shares. The Company holds no shares in treasury and
therefore the total number of votes exercisable as at the voting record time
was 1,684,273,523.

A copy of the resolution passed at the General Meeting will be submitted to
the National Storage Mechanism and will shortly be available for inspection
at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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

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 across six
divisions: Customer Management; Government Services; People Solutions;
Software; Specialist Services; and Technology Solutions. 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.

Goldman Sachs International, which is authorised by the Prudential Regulation
Authority (“PRA”) and regulated in the United Kingdom by the Financial
Conduct Authority and the PRA, is acting exclusively for Capita and no one
else in connection with the Disposal and will not be responsible to anyone
other than Capita for providing the protections afforded to clients of Goldman
Sachs International, or for providing advice in relation to the Disposal or
any other matter referred to in this announcement.



Copyright (c) 2021 PR Newswire Association,LLC. All Rights Reserved