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CPI

-3.67%
NEUTRAL

Capita Director Increases Shareholding

Why we think this is neutral

This RNS announcement is a routine notification of director share purchases, which does not provide any significant new information about Capita's business performance or outlook. While it is positive to see directors investing in the company, this type of news typically does not have a material impact on the share price.

Key Points

  • Chief People Officer Scott Hill purchased 72 ordinary shares
  • Chief AI and Product Officer Sameer Vuyyuru's son (a Person Closely Associated) purchased 24 ordinary shares

Summary

The Chief People Officer and Chief AI and Product Officer of the business services company have purchased additional shares in the firm.

Capita plc has announced that two of its senior executives, the Chief People Officer and the Chief AI and Product Officer, have purchased additional ordinary shares in the company through the Capita Share Ownership Plan. The transactions were made at a price of £2.409285 per share.

DIRECTOR DEALINGS