Electra Private Equity PLC Holding(s) in Company (4291D)

TIDMELTA TIDMPRU

RNS Number : 4291D

Electra Private Equity PLC

28 January 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------- 
 1. Identity of the issuer or 
  the underlying issuer of existing                               Electra Private Equity 
  shares to which voting rights                                   PLC 
  are attached: (ii) 
-------------------------------------------------------------  ------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
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 An acquisition or disposal of voting rights                                       X 
----------------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------  ---------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------  ---------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ---------------------------------- 
 3. Full name of person(s)                                      Prudential plc group of companies 
  subject to the notification 
  obligation: (iii) 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                              27 January 2015 
  and date on which the threshold 
  is crossed or reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                 28 January 2015 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                               See Item 13 
  crossed or reached: (vi, 
  vii) 
-----------------------------------------------------------  --------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares viii, ix 
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 Class/type       Situation previous                Resulting situation after the 
  of shares        to the triggering                 triggering transaction 
  if possible      transaction 
  using the 
  ISIN CODE 
---------------  --------------------------------  -------------------------------------------------------------------- 
                  Number           Number           Number         Number of                   % of voting 
                  of Shares         of voting        of shares      voting rights               rights (x) 
                                    Rights 
---------------  ---------------  ---------------  -------------  --------------------------  ------------------------- 
                                                    Direct         Direct        Indirect      Direct        Indirect 
                                                                    (xi)          (xii) 
---------------      -----------    -----------    -------------  ------------  ------------  ------------  ----------- 
 
   Ordinary 
   Shares 
   GB0003085445   3,511,515        3,511,515        3,511,515      3,509,690     1,825         9.85%         0.00% 
                 ---------------  ---------------  -------------  ------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration     Exercise/                       Number of voting              % of voting 
  instrument           date           Conversion                      rights that                   rights 
                       (xiii)         Period (xiv)                    may be acquired 
                                                                      if the instrument 
                                                                      is exercised/ 
                                                                      converted. 
-------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Exercise       Expiration     Exercise/        Number of voting              % of voting 
 financial           price         date           Conversion        rights instrument             rights (xix, 
 instrument                        (xvii)         period            refers to                     xx) 
                                                  (xviii) 
-----------------  -------------  -------------  ---------------  ----------------------------  ----------------------- 
 5% Convertible     2,050          29/12/2017     N/A                                            Nominal       Delta 
  Bond               pence 
  GB00B5B0NW64 
-----------------  -------------  -------------  ---------------                                ------------  --------- 
                                                                   493,463                                     1.38% 
---------------      -----------    -----------      -----------  ----------------------------  ------------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------------ 
 4,004,978                                            11.23% 
---------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the financial instruments are effectively 
  held, if applicable: (xxi) 
----------------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
                                                                            N/A 
--------------------------------------------------------  ------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold:                                                N/A 
--------------------------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights:                                              N/A 
--------------------------------------------------------  ------------------------------------- 
 
 
   13. Additional information:                               As per DTR rule 5.1.2, the 
                                                             non-exempt holdings for Prudential 
                                                             plc have moved from 7% to 
                                                             a 8% threshold triggering 
                                                             this notification 
--------------------------------------------------------  ------------------------------------- 
 14. Contact name: 
                                                             Eleanor Cranmer 
                                                             Frostrow Capital LLP 
--------------------------------------------------------  ------------------------------------- 
 
 15. Contact telephone number:                               020 3008 4613 
--------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

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