Capita's top shareholder Oasis discloses 15% voting stake 

May ​11 (Reuters) - Activist ⁠investor Oasis Management ​on Monday revealed combined voting rights of more than 15% ​in British ‌outsourcer Capita.

Oasis, the company's largest shareholder, holds ⁠6.44% of voting rights directly through ⁠shares in Capita, ​and a further 8.78% via financial instruments, a regulatory filing showed.

Here are some details:

* The Hong ​Kong-based ‌investor has increased its stake in the company to 15.2% as of May 8, according to the filing.

* The news was ​first reported by the Financial Times last week, ‌which said Oasis plans to ask Capita to streamline its business to ‌revive its share price and boost shareholder returns.

* Part of Oasis’s 15% stake has been converted ​into shares, giving it 6.44% of voting rights directly through ‌equity.

* Capita declined to comment, while Oasis Management did not respond to a Reuters request.

* Oasis Management ⁠is ⁠Capita's biggest shareholder, according to data ‌compiled by LSEG.

* In March, Capita flagged weakness in ​its ​contact centre unit and said higher ‌costs from new project launches could weigh on its 2026 profit margin. (Reporting by Ankita Bora in Bengaluru; Editing by Leroy Leo)

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