Director/PDMR Shareholding
Capita plc
(the “Company”)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
10 May 2024
Capita has today awarded its 2024 restricted share awards (“2024 RSAs”) under the Capita Plc Executive Plan 2021 as set out in tables below.
The 2024 RSA granted to Adolfo Hernandez, Chief Executive Officer will normally vest after three years from date of grant subject to: (i) continued employment; (ii) satisfactory personal performance and (iii) any scaling back (including to nil vesting) on account of its underpin conditions not being met.
The underpin conditions attached to Mr Hernandez’s 2024 RSA include:
- Underpin 1: Capita’s total shareholder return (“TSR”) over the three years ending 31 December 2026 to be positive; and
- Underpin 2: the Remuneration Committee (the “Committee”) must be satisfied with the underlying performance of Capita over the vesting period and that there have been no environmental, social or governance issues resulting in material reputational damage.
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 | Adolfo Hernandez
| |
| 2 Reason for the notification | ||
| a) Position/status | Chief Executive 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 6,433,823 | |
| d) Aggregated information |
6,433,823 £nil | |
| e) Date of transaction | 10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Claire Denton
| |
| 2 Reason for the notification | ||
| a) Position/status | Chief General Counsel and Company Secretary (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 2,031,250 | |
| d) Aggregated information |
2,031,250 £nil | |
| e) Date of transaction |
10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Corinne Ripoche
| |
| 2 Reason for the notification | ||
| a) Position/status | CEO, Capita Experience (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 2,481,617 | |
| d) Aggregated information |
2,481,617 £nil | |
| e) Date of transaction |
10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Nicole Dorskind
| |
| 2 Reason for the notification | ||
| a) Position/status | Chief Communications and Corporate Affairs Officer (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 1,194,852 | |
| d) Aggregated information |
1,194,852 £nil | |
| e) Date of transaction | 10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Richard Holroyd
| |
| 2 Reason for the notification | ||
| a) Position/status | CEO, Capita Public Service (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 1,819,852 | |
| d) Aggregated information |
1,819,852 £nil | |
| e) Date of transaction | 10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Scott Hill
| |
| 2 Reason for the notification | ||
| a) Position/status | Chief People Officer (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 2,031,250 | |
| d) Aggregated information |
2,031,250 £nil | |
| e) Date of transaction | 10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Xenia Walters
| |
| 2 Reason for the notification | ||
| a) Position/status | Chief Strategy and Transformation Officer (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of nil cost options over Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 2,125,000 | |
| d) Aggregated information |
2,125,000 £nil | |
| e) Date of transaction | 10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
| 1 Details of the person discharging managerial responsibilities / person closely associated | ||
| a) Name | Manpreet Singh
| |
| 2 Reason for the notification | ||
| a) Position/status | Chief Technology Officer (PDMR) | |
| 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 | CMIGEWPLHL4M7ZV0IZ88 | |
| 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 instrument | Ordinary shares of 2 1/15p each | |
| Identification code | GB00B23K0M20 | |
| b) Nature of the transaction | Grant of a nil cost option over notional Capita ordinary shares under the Capita Plc Executive Plan 2021.
| |
| c) Price(s) and volume(s) | Price(s) | Volume(s) |
| £nil | 1,107,132 | |
| d) Aggregated information |
1,107,132 £nil | |
| e) Date of transaction | 10 May 2024 | |
| f) Place of transaction | Outside of a trading venue | |
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