Capita’s registrars business announces that it has been chosen to run BAE Systems’ share plan administration and Legal & General’s register and share plan administration. The appointments by these FTSE 100 companies further demonstrate Capita’s ability to manage both complex and large volume registers and share plans.

The contract with BAE Systems will see Capita providing the company’s 37,000 employee participants with share incentive plan administration (SIP) services. This includes a new branded share portal and other enhanced employee communications methods such as the issue of credit card sized information cards containing important investor related details.

Capita’s appointment by Legal & General saw the transfer of multiple share plans including legacy data, and a complex register, all of which was implemented in a strict timeframe. In addition, Capita worked with the company to enhance aspects of its share portal functionality to encourage shareholders and participants to administer their holding online, while also streamlining shareholder payment processes.

Charles Cryer, chief executive officer of Capita’s registrars business, comments: “Being awarded these contracts from such esteemed brands is testament to our robust project management and expert client engagement. Organisations are increasingly looking for partners who can bring a flexible and personal approach to running register and share plans smoothly and efficiently, delivering optimal transparency and enhanced communications for shareholders and employees. We have repeatedly demonstrated that this is where our strengths lie.”