Director/PDMR Shareholding
Capita plc announced that Chief Executive Officer Adolfo Hernandez's fourth tranche of buy-out share award, comprising 125,689 ordinary shares, vested on March 11, 2026. Mr. Hernandez will fund the associated income tax and national insurance liability, estimated at approximately £163,000 based on the previous day's closing price. Following this vesting, Mr. Hernandez now holds 629,339 ordinary shares, representing 0.52% of the company's issued share capital.
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Adolfo Hernandez, Chief Executive Officer
The Company confirms that the fourth tranche of shares awarded to Adolfo Hernandez, Chief Executive Officer under the buy-out share award granted on 19 March 2024, vested on 11 March 2026.
This was a total of 125,689 Capita plc Ordinary Shares of 31p each in the Company ("Ordinary Shares"). Adolfo Hernandez will personally fund the income tax and national insurance liability arising upon the vesting of the fourth tranche of his buy-out share award. This will be calculated based on the closing share price on 11 March, the date of vesting. For indicative purposes only, based on the closing share price on 10 March this liability would have equated to c.£163k.
Following vesting of these shares, Adolfo Hernandez holds a total of 629,339 Ordinary Shares representing 0.52% of the Company’s issued share capital.
| 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 | |
| b) | Initial notification /Amendment | Initial notification | |
| a) | Name | Capita plc | |
| b) | LEI | CMIGEWPLHL4M7ZV0IZ88 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 31 pence each GB00BPCT7534 | |
| b) | Nature of the transaction | Vesting of Ordinary Shares under fourth tranche of buy-out share award. | |
| Retention of shares, following investment | £nil | 125,689 | |
| d) | Aggregated information | Price(s) | Volume(s) |
| Acquisition of shares on exercise of options | £nil | 125,689 | |
| Retention of shares, following investment | £nil | 125,689 | |
| e) | Date of the transaction | 11 March 2026 | |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.