Electra Private Equity PLC Holding(s) in Company (1378H)

TIDMELTA TIDMPRU

RNS Number : 1378H

Electra Private Equity PLC

26 November 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 
-------------------------------------------------------------------------------------------------- 
 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                                              Position stated under the amending       X 
  specify):                                                 EU Transparency Directive 
---------------------------------------------------------  --------------------------------------- 
 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 
                                                                          M&G Group Limited 
                                                                             M&G Limited 
                                                                      M&G Investment Management 
                                                                               Limited 
                                                                   The Prudential Assurance Company 
                                                                               Limited 
-----------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                               25 November 2015 
  and date on which the threshold 
  is crossed or reached: (v) 
-----------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                  26 November 2015 
  notified: 
-----------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: (vi,                                                        9% 
  vii)                                                                       See Item 13 
-----------------------------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
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 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   3,322,522         3,322,522         3,317,111          0       3,317,111          0        9.09% 
                ----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 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. 
------------------  --------------  --------------------------------  -------------------------  --------------------- 
 
 
 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) 
----------------  --------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                Nominal       Delta 
----------------  --------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 3,317,111                                             9.09% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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) - 3,317,111 (9.09%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 2,950,019 (8.09%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 2,950,019 (8.09%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 2,950,019 (8.09%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 2,339,220 (6.41%) 
 
 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:                               Notification made under the 
                                                             amending EU Transparency 
                                                             Directive. 
--------------------------------------------------------  ------------------------------ 
 14. Contact name: 
                                                             Eleanor Cranmer 
                                                             Frostrow Capital LLP 
--------------------------------------------------------  ------------------------------ 
 
 15. Contact telephone number:                               020 3008 4613 
--------------------------------------------------------  ------------------------------ 
 
 

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November 26, 2015 12:58 ET (17:58 GMT)