IN BRIEF: Capita wins PS137 million 10-year contract renewal

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Capita PLC - London-based outsourcer - Says its pension solutions arm has secured the renewal of a contract with an existing UK client effective from this quarter.

The renewal is valued at £137 million and has a total term of up to 10 years.

‘We are delighted to continue to strengthen this relationship, and are looking forward to continuing to deliver an exceptional service, with new technology solutions and tools to improve the customer experience and create better outcomes for all,’ said Capita Pension Solutions Managing Director Chris Clements.

Current stock price: 368.36 pence, up 3.8% on Thursday afternoon in London

12-month change: up 84%

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