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Capita PLC (CPI.L)

CPI.L on London Stock Exchange

477.10GBp
22 Nov 2017
Change (% chg)

7.20 (+1.53%)
Prev Close
469.90
Open
469.90
Day's High
484.10
Day's Low
464.60
Volume
1,741,440
Avg. Vol
2,246,356
52-wk High
721.00
52-wk Low
431.30

Latest Key Developments (Source: Significant Developments)

UK's FCA says Capita Financial publicly censured and fined 66 mln stg
Friday, 10 Nov 2017 02:46am EST 

Nov 10 (Reuters) - UK's Financial Conduct Authority :UK'S FCA- CAPITA FINANCIAL HAS BEEN PUBLICLY CENSURED AND WILL PAY UP TO 66 MILLION STG TO INVESTORS WHO SUFFERED LOSS FROM GUARANTEED LOW RISK INCOME FUND.  Full Article

Capita Plc completes disposal of Capita Asset Services
Friday, 3 Nov 2017 09:11am EDT 

Nov 3 (Reuters) - CAPITA PLC :COMPLETION OF DISPOSAL OF CAPITA ASSET SERVICES.‍CAPITA CONFIRMS COMPLETION OF SALE OF CAS FOR A CASH FREE, DEBT FREE CONSIDERATION OF £888 MILLION​.  Full Article

Union Unite says Capita staff start strike over pensions​
Monday, 30 Oct 2017 07:17am EDT 

Oct 30 (Reuters) - Capita Plc :UNITE- ‍CAPITA STAFF START STRIKE ACTION OVER PENSIONS​.UNION UNITE - FOLLOWING BREAKDOWN OF TALKS AT ACAS STAFF ARE TAKING PART IN NINE DAYS OF INDUSTRIAL ACTION​.UNITE- ‍DISPUTE CENTRES ON CAPITA'S ATTEMPTS TO CLOSE CURRENT DEFINED BENEFIT SCHEME AND TRANSFER STAFF TO A DEFINED CONTRIBUTION SCHEME​.UNITE- STRIKE ‍STARTED ON SATURDAY 28 OCTOBER 2017, ENDING ON SUNDAY 5 NOVEMBER​.  Full Article

Link Administration says received regulatory approvals for acquisition
Sunday, 22 Oct 2017 05:35pm EDT 

Oct 23 (Reuters) - Link Administration Holdings Ltd ::Received regulatory approvals for acquisition of Capita Asset Services; ​expects to complete acquisition on Nov 3, 2017.  Full Article

Capita says Unite’s rejection of improved pension transfer proposal "disadvantages" affected employees‍​
Monday, 16 Oct 2017 09:14am EDT 

Oct 16 (Reuters) - Capita Plc :UNITE’S REJECTION OF CAPITA’S IMPROVED PENSION TRANSFER PROPOSAL CLEARLY DISADVANTAGES AFFECTED EMPLOYEES‍​.DURING TALKS WITH UNITE, PUT FORWARD A MATERIAL IMPROVEMENT TO PREVIOUS OFFER.AS UNITE CHOSE TO REJECT OFFER, UNABLE TO GO FORWARD WITH REVISED IMPROVED OFFER AND WILL HAVE TO REVERT TO PREVIOUS OFFER.  Full Article

UK's Unite says Capita‍ staff will be taking part in nine-day strike
Monday, 16 Oct 2017 08:30am EDT 

Oct 16 (Reuters) - UK's Unite::‍STRIKE ACTION TO START ON SATURDAY OCTOBER 28 AND END ON NOVEMBER 5​.CAPITA TALKS BREAK DOWN AND STAFF TO STRIKE OVER PENSIONS‍​‍​.STAFF WILL BE TAKING PART IN NINE DAYS OF INDUSTRIAL ACTION.UNION IS CALLING ON COMPANIES WHICH OUTSOURCE CONTRACTS TO CAPITA TO INTERVENE TO SETTLE.  Full Article

Capita plc appoints Jonathan Lewis as new CEO
Tuesday, 10 Oct 2017 02:00am EDT 

Oct 10 (Reuters) - CAPITA PLC ::CAPITA APPOINTS JONATHAN LEWIS AS NEW CEO.‍ANNOUNCE APPOINTMENT OF JONATHAN (JON) LEWIS AS CHIEF EXECUTIVE OFFICER (CEO) WITH EFFECT FROM 1 DECEMBER 2017​.‍NICK GREATOREX, GROUP FINANCE DIRECTOR, WILL CONTINUE TO LEAD COMPANY AS INTERIM CHIEF EXECUTIVE UNTIL 30 NOVEMBER 2017​.  Full Article

Capita Managed IT Solutions acquires Smartschools
Tuesday, 26 Sep 2017 10:36am EDT 

Sept 26 (Reuters) - Capita Plc ::ANNOUNCED THE ACQUISITION OF SMARTSCHOOLS, A CO. WEXFORD-BASED PROVIDER OF ICT SERVICES AND EQUIPMENT TO THE EDUCATION SECTOR.ACQUISITION STRENGTHENS CAPITA’S PRESENCE WITHIN THE REPUBLIC OF IRELAND, WHERE IT ALREADY EMPLOYS OVER 1700 PEOPLE..CAPITA - "INCLUDES PROVIDING AN ICT MANAGED SERVICE FOR OVER 1100 SCHOOLS AS PART OF EDUCATION NETWORK FOR NORTHERN IRELAND PROJECT FOR CLASSROOM 2000".  Full Article

UK's trade union Unite announces Capita strike over pensions
Thursday, 21 Sep 2017 08:30am EDT 

Sept 21 (Reuters) - UK's Unite - :UK'S TRADE UNION UNITE ANNOUNCES CAPITA STRIKE OVER PENSIONS.UK'S UNION UNITE - INFORMED CAPITA THAT UNITE MEMBERS WILL BE TAKING SIX CONTINUOUS DAYS OF STRIKE ACTION STARTING ON THURSDAY 5 OCTOBER 2017.‍UK'S UNITE- CAPITA IS ATTEMPTING TO CLOSE CURRENT DEFINED BENEFIT SCHEME AND TRANSFER STAFF TO A DEFINED CONTRIBUTION SCHEME​.UK'S UNION UNITE - STAFF AT CAPITA HAVE VOTED IN FAVOUR OF STRIKE ACTION IN A BALLOT, CALLING ON THEIR EMPLOYER TO GIVE THEM A DECENT PENSION.‍UK'S UNITE - STAFF IN SCHEME WILL SUFFER A MASSIVE CUT IN THEIR RETIREMENT INCOME AS A RESULT OF PROPOSALS​.  Full Article

Capita says search for permanent CEO "really well advanced"
Thursday, 21 Sep 2017 04:49am EDT 

Sept 21 (Reuters) - Capita's :Interim ceo nick greatorex says search for permanent ceo "really well advanced".Business development manager says sees no reason why it can't maintain its current contract win rate.  Full Article

PRESS DIGEST- British Business - Nov 3

Nov 3 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.