CPI Capita Plc

 
TIDMCPI 
 
Capita plc and The Co-operative Bank plc have resolved their contractual 
differences. Western Mortgage Services, part of Capita, will continue to 
provide mortgage administration services and new mortgage application 
processing for The Co-operative Bank and its clients. Work on the IT system 
transformation will cease. The amended contract will run until December 2020 
with an option to extend. 
 
Capita is pleased to have resolved this issue and importantly secured the jobs 
of our 740 employees on this contract in Plymouth, Leek and London. 
 
ENDS. 
 
For further information: 
 
Capita plc 
Tel: 020 7799 1525 
Andy Parker, Chief Executive Officer 
Shona Nichols, Executive Director, Communications 
Andrew Ripper, Head of Investor Relations 
 
Media enquiries 
Annabelle Chalker/David Hendy 
Tel: 020 7654 2399 
Annabelle.Chalker@capita.co.uk 
David.Hendy@capita.co.uk 
 
 
 
 
 
END 
 

(END) Dow Jones Newswires

February 13, 2017 02:00 ET (07:00 GMT)

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