REG-Capita PLC: Completion of disposal of Capita Asset Services <Origin Href="QuoteRef">CPI.L</Origin>

CapitaAnnouncement

03/11/2017 13:11

COMPLETION OF DISPOSAL OF CAPITA ASSET SERVICES BUSINESSES

Capita plc (‘Capita’) announced on 23 June 2017 the sale of the Capita
Asset Services businesses (‘CAS’) to Link Administration Holdings Limited
(‘Link Group’), subject to certain regulatory and other approvals.

Capita confirms the completion today of the sale of CAS for a cash free, debt
free consideration of £888 million.

Nick Greatorex, Interim CEO and Group Finance Director said:

“We are pleased to have completed the disposal of our Capita Asset Services
businesses. This means that we have successfully achieved the objective we set
at the end of 2016 of disposing of these businesses and reducing our debt so
that we are better positioned to support and invest in the future success of
Capita.”

- ENDS –

For further information:

Capita plc
Shona Nichols, Executive Director, Corporate Communications
Andrew Ripper, Head of Investor Relations
Tel: 020 7799 1525
IRTeam@capita.co.uk

Capita is a leading UK provider of technology enabled customer and business
process services and integrated professional support services. With 67,000
people at over 450 sites across the UK, Europe, India and South Africa, Capita
uses its expertise, infrastructure and scale benefits to transform its
clients' services, driving down costs and adding value. Capita is quoted on
the London Stock Exchange (CPI.L). Further information on Capita can be found
at: http://www.capita.com. LEI no. CMIGEWPLHL4M7ZV0IZ88.



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