Capita places shares at 685p each

Outsourcing firm Capita has managed to get its placing of 40m new ordinary shares away at 685p per share.

Outsourcing firm Capita has managed to get its placing of 40m new ordinary shares away at 685p per share.

The shares, which had been trading slightly above the 685p level prior to the announcement of the result of the placing, dipped below 685p shortly afterwards and hit 676p at the end of the lunch-time session.

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