Capita PLC Response to Media Speculation - AXELOS Limited

 
TIDMCPI 
 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION 
 
                                                               16 FEBRUARY 2021 
 
                  Capita plc - Response to Media Speculation 
 
                                AXELOS Limited 
 
Capita plc ('Capita') notes media speculation regarding AXELOS Limited 
('AXELOS'). 
 
Capita can confirm that Capita and the Cabinet Office are exploring strategic 
options in relation to AXELOS, including a potential sale of the business. 
There can be no certainty that this review will result in a transaction 
involving AXELOS. 
 
Any further announcements will be made if and when appropriate. 
 
About AXELOS 
 
AXELOS is a joint venture between Capita (51%) and the UK Cabinet Office (49%), 
responsible for developing, enhancing and promoting a number of best practice 
methodologies used by professionals working primarily in project, programme and 
portfolio management, IT service management and cyber resilience. The 
methodologies, including ITIL, PRINCE2 and MSP are adopted by private, public 
and voluntary sectors in more than 180 countries to improve employees' skills, 
knowledge and competence in order to make both individuals and organisations 
work more effectively. 
 
90% of the world's leading organisations use AXELOS's best practice 
methodologies, under which 5 million people worldwide are certified today. The 
business has c.100 employees and in 2019 generated revenue of £47.6m. 
 
For more information, please contact: 
 
Capita investor enquiries 
 
Stuart Morgan 
 
Director of Investor Relations 
 
Tel: [phone] 
 
Email: [e-mail] 
 
Capita media enquiries 
 
Capita external communications 
 
Tel: [phone] 
 
Email: [e-mail] 
 
 
 
END 
 
 

(END) Dow Jones Newswires

February 16, 2021 09:55 ET (14:55 GMT)