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Capita Executive Exercises Share Awards and Sells Portion to Cover Tax Liabilities

Story Highlights
  • Capita disclosed that its communications chief exercised nil-cost restricted share options granted in 2021.
  • She sold part of the resulting shares to cover tax liabilities while retaining the remaining balance, a routine PDMR dealing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capita Executive Exercises Share Awards and Sells Portion to Cover Tax Liabilities

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An update from Capita plc ( (GB:CPI) ) is now available.

Capita plc has disclosed a transaction by its Chief Communications and Corporate Affairs Officer, Nicole Dorskind, in line with UK Market Abuse Regulation requirements. Dorskind exercised nil-cost restricted share options granted under the Capita Executive Plan 2021, then sold a portion of the resulting ordinary shares to meet income tax and national insurance obligations, retaining the remaining balance, a routine senior executive dealing that marginally adjusts her equity exposure without indicating a broader change in the group’s capital structure or strategy.

The most recent analyst rating on (GB:CPI) stock is a Buy with a £6.00 price target. To see the full list of analyst forecasts on Capita plc stock, see the GB:CPI Stock Forecast page.

Spark’s Take on GB:CPI Stock

According to Spark, TipRanks’ AI Analyst, GB:CPI is a Neutral.

Capita plc’s overall stock score reflects a mixed financial performance with significant leverage and cash flow issues. Strong technical momentum and positive corporate events provide some optimism, but valuation concerns and regulatory challenges temper the outlook.

To see Spark’s full report on GB:CPI stock, click here.

More about Capita plc

Capita plc is a UK-based business process outsourcing and professional services company that provides a range of outsourced customer services, administrative support, technology-enabled solutions and corporate support services to public sector bodies and private sector clients.

Average Trading Volume: 589,049

Technical Sentiment Signal: Hold

Current Market Cap: £482.5M

See more insights into CPI stock on TipRanks’ Stock Analysis page.

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