Key Developments: Capita PLC (CPI.L)

CPI.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Capita PLC acquires Eclipse Legal Systems
Wednesday, 3 Sep 2014 12:50pm EDT 

Capita PLC:Acquired Eclipse Hardware Ltd (known as Eclipse Legal Systems) for an undisclosed sum.Eclipse provides case management software and services to over 20,000 legal professionals in law firms, Alternative Business Structures, claims departments and commercial organisations.  Full Article

Capita PLC declares interim dividend
Wednesday, 23 Jul 2014 06:01am EDT 

Capita PLC:Declares interim dividend of 9.6 pence per ordinary share (2013: 8.7 pence).Payable on Oct. 7 to shareholders on the register at the close of business on Aug. 29.  Full Article

Capita plc forms strategic partnership with BAE
Thursday, 22 May 2014 04:00am EDT 

Capita plc:Signs a contract with BAE Systems Maritime - Submarines.Capita to become strategic partner to transform the existing method of IT service delivery for BAE's submarine building business in Barrow-in-Furness, Cumbria.Contract is expected to be worth between 60 mln pounds and 70 mln pounds over the next five years to Capita.  Full Article

Capita PLC to acquire AMT-SYBEX Group
Tuesday, 15 Apr 2014 02:00am EDT 

Capita PLC:Agreed to acquire AMT-SYBEX Group Ltd.Acquired for initial consideration of 82 mln Pound on cash free, debt free basis, plus contingent consideration of up to 23 mln Pound.  Full Article

Capita Plc announces it has selected as preferred bidder for strategic business partner
Monday, 10 Mar 2014 10:31am EDT 

Capita Plc:It has selected as preferred bidder by Ministry of Defence (MOD) to be strategic business partner for Defence Infrastructure Organisation.It will lead a partnership comprising two integrated sub-contractors, URS and PA Consulting.Partnership will lead management and transformation of the UK's national and international defence infrastructure.  Full Article

Capita PLC Recommending final dividend of 17.8 pence per ordinary share
Thursday, 27 Feb 2014 02:00am EST 

Capita PLC:Recommending final dividend of 17.8 pence per ordinary share.Final dividend will be payable on May28 to shareholders on the register at the close of business on April 22.  Full Article

Capita PLC signs SWAN framework contract to deliver SWAN
Monday, 17 Feb 2014 02:00am EST 

Capita PLC:Says it has signed a framework contract to deliver the Scottish Wide Area Network (SWAN), a single public services network for the use of all public service organisations within Scotland.The contract value for SWAN is up to 325 mln pounds over nine years.  Full Article

Capita PLC selected as preferred bidder for npower customer service
Thursday, 28 Nov 2013 04:00am EST 

Capita PLC:Says it has been selected as preferred bidder to enter into a partnership with RWE npower plc, trading as npower, to provide both front office customer management and back office services.Says final negotiations are taking place, with the contract expected to be worth approximately 120 mln pounds over 7 years and is scheduled to commence on Feb. 1, 2014.Says Capita will take responsibility for part of npower's customer service operation and deliver a business transformation programme that will enhance customer service for npower's domestic business.Says further details will be provided on contract signature.  Full Article

Capita PLC Extends Partnership with Southampton City Council
Thursday, 21 Nov 2013 02:00am EST 

Capita PLC announced that Southampton City Council has chosen to extend its 10-year strategic partnership, which commenced in October 2007, by a further five years to September 2022, subject to the Council's due process. The extension of the contract will generate additional revenue to Capita of approximately GBP 124 million. Capita PLC will continue to deliver the current range of services on behalf of the Council including, customer services, IT, procurement, post room and the administration of HR, payroll, revenues and benefits, occupational health, property and health and safety services. To address the Council's long term goals and the changes in the way in which citizens are accessing services, the partnership will introduce the innovation in customer management and IT, providing residents and businesses with increased access to online services. Through these service improvements, the partnership expects to generate an additional GBP 24 million in savings for the Council over the life of the extended contract.  Full Article

Capita PLC Announces Directorate Change
Monday, 18 Nov 2013 02:00am EST 

Capita PLC announced that Paul Pindar will retire from Capita and step down as Chief Executive and from the Group Board with effect from February 28, 2014. In line with Capita's senior management succession plan, Andy Parker, the Group's current Deputy Chief Executive and Joint COO, will succeed Paul as Chief Executive from March 1, 2014. To ensure a seamless transition, Andy will step down from his role as Joint COO from January 1, 2014, allowing him to fully focus on his role as Deputy Chief Executive. Dawn Marriott-Sims, currently Executive Director of Capita's Workplace Services division, will be appointed to the Group Board and succeed Andy as Joint COO with effect from January 1, 2014.  Full Article

BRIEF-Capita buys Eclipse Legal Systems for undisclosed sum

* Capita acquires case management software and services specialist, eclipse legal systems

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