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Capita PLC (CPI.L)

CPI.L on London Stock Exchange

577.50GBp
12:02pm EDT
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-1.50 (-0.26%)
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579.00
Open
577.50
Day's High
582.00
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574.00
Volume
2,723,694
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3,745,888
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1,101.00
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431.30

Latest Key Developments (Source: Significant Developments)

UK's CMA refers Capita, Vodafone deal to phase 2 investigation
Wednesday, 10 May 2017 04:39am EDT 

May 10 (Reuters) - UK's Competition and Markets Authority::Decided that it is or may be the case that this Capita, Vodafone deal may be expected to result in a substantial lessening of competition in the United Kingdom.Capita, Vodafone deal will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns.  Full Article

Competition watchdog warns Capita, Vodafone on paging services
Wednesday, 10 May 2017 02:11am EDT 

May 10 (Reuters) - :CMA says Capita and Vodafone face an in-depth merger investigation, unless companies offer acceptable ways of addressing competition concerns..CMA's initial investigation into merger found it could lead to a substantial lessening of competition in supply of wide-area paging services in UK..CMA says after merger, customers could face price rises and reduced quality of coverage..CMA says Capita has until May 17 to offer proposals to resolve competition concerns or face an in-depth phase 2 investigation..  Full Article

Capita names new managing director for real estate unit
Wednesday, 15 Mar 2017 05:45am EDT 

Capita Plc : Capita Real Estate and Infrastructure appoints dave spencer as managing director . Spencer rejoins Capita from Amey where he is currently managing director of its consulting business .Spencer succeeds Geoff Kneen, who will be leaving capita to become a shareholder in a small private equity backed business.  Full Article

K2fly says entered agreement with Capita plc
Thursday, 2 Mar 2017 08:12pm EST 

K2fly Ltd :Entered partnering agreement with Capita plc to license Capita Affinity Mobile Solutions within Australia.  Full Article

K2fly says entered agreement with Capita plc
Thursday, 2 Mar 2017 06:25pm EST 

K2fly Ltd :Entered partnering agreement with Capita plc to license Capita Affinity Mobile Solutions within Australia.  Full Article

Outgoing Capita CEO says strategy to remain intact, dividend not under threat
Thursday, 2 Mar 2017 02:42am EST 

Capita Plc : Outgoing Capita CEO Andy Parker says strategy will remain intact, strategy decided by board not by CEO .Outgoing Capita CEO says no reason why dividend cannot be maintained indefinitely, no need for capital raise.  Full Article

Capita says N.Ireland Education Authority extends ICT services contract
Tuesday, 28 Feb 2017 05:46am EST 

Capita : Northern Ireland Education Authority has extended its contract with capita to provide ICT services for over 1,100 schools in northern ireland .Two-Year extension is expected to be worth greater than £50m and will run until march 2019. Original £170m five-year contract began in 2012.  Full Article

Co-op Bank, Capita revise terms over provision of mortgage administration services
Monday, 13 Feb 2017 02:00am EST 

Co-operative Bank Plc <42RQ.L>: Capita mortgage outsourcing programme . Capita Plc and Co-operative Bank Plc confirm that they have resolved all aspects of their existing contractual dispute . Have agreed revised terms relating to provision of mortgage administration services . Existing systems will continue to be utilised with transformation activity not being progressed .Terms of revised contract do not impact bank's current capital guidance.  Full Article

Capita CEO confident actions will protect dividend, allay need to raise capital
Thursday, 8 Dec 2016 02:47am EST 

Capita : CEO Andy Parker tells Reuters expects 2017 to be transitional year, sustainable growth from 2018 . Capita CEO says confident actions will protect dividend, allay need to raise capital .Capita says Goldman Sachs chosen to sell Capital Asset Services unit, has already seen interest, expects completion in H2 2017.  Full Article

Capita says reorganising operations into six divisions
Thursday, 10 Nov 2016 07:00am EST 

Capita Plc : Organisation and directorate change announcement . Capita is reorganising its current businesses and operations into six divisions . Each division will be led by an executive officer (EO) . Dawn Marriott-Sims has decided to step down from board and is leaving company with immediate effect . EOs will report directly to CEO, Andy Parker, and have regular interface with wider board, increasing transparency and oversight . Former position of COOs, to whom divisions use to report, has been removed .From Jan 1 2017, board will consist of 4 executive directors and 5 non-executives including Ian Powell, who assumes chairmanship from Jan 1.  Full Article

More From Around the Web

BRIEF-UK's CMA refers Capita, Vodafone deal to phase 2 investigation

* Decided that it is or may be the case that this Capita, Vodafone deal may be expected to result in a substantial lessening of competition in the United Kingdom