Following a strategic market review, the shareholder services business of Capita has launched two new share dealing services designed to meet growing demand in the industry.

The new services are:

executive share dealing – giving board members and other executives a cashless exercise facility, allowing them to buy and sell shares via deferred settlement; and

corporate share dealing – allowing companies to engage in effective and timely share buy backs.

Nick Sharrock, managing director of Capita’s share dealing services business, said: “Shares are an important part of an executives reward package and a vital tool in attracting and retaining the top talent. So we have launched two new services, which will be delivered alongside an enhanced ‘all employee’ share dealing service. The new services will be tailored to the needs of the executive or company concerned and will be delivered by market experts. Importantly, both services are market maker and counterparty neutral and not tied to one or more brokers, allowing executives and corporates to achieve the best possible price and execution timescales.”

As part of the same strategic review that produced the new and enhanced services, Capita’s shareholder services business will also be taking back in house dealing currently with NatWest for its SIPs and executive share plans.