Capita plc

("Capita" or the "Company")

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

16 September 2024

 

On 12 September 2024, the following restricted share award ("2024 RSA") was granted over the Company's Ordinary 2 1/15p shares ("Ordinary Shares") to Pablo Andres.

 

The 2024 RSA granted to Pablo Andres, Chief Financial Officer, will normally vest on 10 May 2027, subject to: (i) continued employment; and (ii) a positive assessment of performance against two underpins (as detailed below).

 

The underpin conditions attached to Mr Andres' 2024 RSA include:    

    --  Underpin 1: Capita's total shareholder return over the three-year period
        ending 31 December 2026 must be positive; and
    --  Underpin 2: the Remuneration Committee must be satisfied with the
        underlying performance of the Company from the Award Date until the
        Normal Vesting date and that there have been no environmental, social or
        governance issues resulting in material reputational damage. If this is
        not deemed to be met, the Committee will consider a reduction of the
        final vesting level of the RSAs (including to nil).

 

The information set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation

 

 ______________________________________________________________________
|1. Details of the person discharging managerial responsibilities /    |
|person closely associated                                             |
|______________________________________________________________________|
|a) Name                                            |Pablo Andres      |
|___________________________________________________|__________________|
|2. Reason for the notification                                        |
|______________________________________________________________________|
|a) Position/status                                 |Chief Financial   |
|                                                   |Officer (Director)|
|___________________________________________________|__________________|
|b) Initial notification /Amendment                 |Initial           |
|                                                   |notification      |
|___________________________________________________|__________________|
|3. Details of the issuer, emission allowance market participant,      |
|auction platform, auctioneer or auction monitor                       |
|______________________________________________________________________|
|a) Name                                            |Capita plc        |
|___________________________________________________|__________________|
|b) LEI                                             |CMIGEWPLHL4M7ZV0IZ|
|                                                   |8                 |
|___________________________________________________|__________________|
|4. Details of the transaction(s): section to be repeated for (i) each |
|type of instrument; (ii) each type of transaction; (iii) each date;   |
|and (iv) each place where transactions have been conducted            |
|______________________________________________________________________|
|a) Description of the financial instrument, type of|Ordinary shares of|
|instrument                                         |2 1/15p each      |
|                                                   |                  |
|Identification code                                |GB00B23K0M20      |
|___________________________________________________|__________________|
|                                                   |Grant of nil cost |
|                                                   |options over      |
|                                                   |Capita ordinary   |
|b) Nature of the transaction                       |shares under the  |
|                                                   |Capita Plc        |
|                                                   |Executive Plan    |
|                                                   |2021              |
|___________________________________________________|__________________|
|                                                   |Price(s)|Volume(s)|
|c) Price(s) and volume(s)                          |________|_________|
|                                                   |£nil    |1,241,721|
|___________________________________________________|________|_________|
|d)Aggregated information                           |                  |
|                                                   |1,241,721         |
|-Aggregated volume                                 |                  |
|                                                   |£nil              |
|-Price                                             |                  |
|___________________________________________________|__________________|
|e) Date of transaction                             |12 September 2024 |
|___________________________________________________|__________________|
|f) Place of transaction                            |Outside of a      |
|                                                   |trading venue     |
|___________________________________________________|__________________|