Electra Private Equity PLC Holding(s) in Company (3306P)

TIDMELTA TIDMPRU

RNS Number : 3306P

Electra Private Equity PLC

16 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                           Electra Private Equity 
  the underlying issuer                                                           plc 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  --------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights 
-----------------------------------------------------------------  ----------------------------------- 
 An acquisition or disposal of qualifying financial                                 X 
  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)                                              Prudential plc 
                                                                  The Prudential Assurance Company 
                                                                              Limited 
                                                                         M&G Group Limited 
                                                                            M&G Limited 
                                                                     M&G Investment Management 
                                                                              Limited 
---------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                              14 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                 15 November 2016 
  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) 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type           Situation previous                  Resulting situation after the 
  of                   to the triggering                   triggering transaction 
  shares               transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------------  ----------------------------------  ------------------------------------------------------------------ 
                      Number            Number            Number            Number of                % of voting 
                       of                of                of shares         voting                   rights (x) 
                       Shares            Voting                              rights 
                                         Rights 
-------------------  ----------------  ----------------  ----------------  -----------------------  ----------------------- 
                                                          Direct            Direct     Indirect      Direct      Indirect 
                                                                            (xi)        (xii) 
-------------------      ------------      ------------  ----------------  ---------  ------------  ----------  ----------- 
    ORD GBP0.25 
    GB0003085445         3,615,979         3,615,979         3,260,093         0        3,260,093        0         8.09% 
-------------------  ----------------  ----------------  ----------------  ---------  ------------  ----------  ----------- 
 
 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. 
-----------------------  ----------------  --------------------------------  -----------------------  --------------------- 
      ORD GBP0.25                                                                    377,076                  0.94% 
      GB0003085445 
    (Right of Recall) 
-----------------------  ----------------  --------------------------------  -----------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Exercise          Expiration      Exercise/       Number of voting           % of voting 
  instrument             price             date           Conversion       rights instrument          rights (xix, 
                                           (xvii)         period           refers to                  xx) 
                                                          (xviii) 
---------------------  ----------------  --------------  --------------  -------------------------  ----------------------- 
                                                                                                     Nominal       Delta 
---------------------  ----------------  --------------  --------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------  ---------------------------------------------------------------- 
 3,637,169                                                  9.03% 
---------------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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) - 3,637,169 (9.03%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 3,403,857 (8.45%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 3,403,857 (8.45%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 3,403,857 (8.45%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 2,742,122 (6.80%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                           N/A 
--------------------------------------------------------  --------------------------------- 
 11. Number of voting rights proxy                                       N/A 
  holder will cease 
  to hold: 
--------------------------------------------------------  --------------------------------- 
 12. Date on which proxy holder will                                     N/A 
  cease to hold 
  voting rights: 
--------------------------------------------------------  --------------------------------- 
 
                                                           The non-exempt indirect holdings 
  13. Additional information:                               for Prudential plc have moved 

                                                            from 6% to a 5% notifiable 
                                                            interest excluding the right 
                                                            of recall under the Qualifying 
                                                            Financial Instruments. 
                                                            The Prudential Assurance 
                                                            Company Limited (wholly owned 
                                                            subsidiary of Prudential 
                                                            plc) has moved from 6% to 
                                                            a 5% notifiable interest 
                                                            excluding the right of recall 
                                                            under the Qualifying Financial 
                                                            Instruments. 
--------------------------------------------------------  --------------------------------- 
 14. Contact name:                                         Eleanor Cranmer 
                                                            Frostrow Capital LLP 
--------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                             020 3008 4613 
--------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 16, 2016 04:46 ET (09:46 GMT)