Further to the announcement made by Electra Private Equity PLC (“Electra” or the “Company”) on 22 August 2014 confirming receipt of a requisition notice from Pershing Nominees Limited on behalf of Sherborne Investment Management (Guernsey) LLC and its associates (“Sherborne”), the Company has today published a circular containing a letter from the Chairman to shareholders (the “Circular”). The Chairman’s letter details the Board of Directors of Electra's response to Sherborne’s proposed resolutions and its unanimous voting recommendation. Read more
Please click on the download link below to view the circular sent to shareholders. Read more
Electra Partners is pleased to announce that it has agreed the acquisition of The Original Bowling Company ("TOBC"), the UK's largest ten-pin bowling operator; total funding for the deal amounted to £91 million. Read more
£100 million of Convertible Bonds were issued in December 2010 to diversify the sources and maturity of Electra's funding and to provide additional firepower to take advantage of investment opportunities.
Electra Private Equity Investments PLC is a wholly-owned subsidiary of Electra Private Equity PLC ("Electra") that was incorporated in 2009 solely for the purpose of issuing and redeeming Zero Dividend Preference ("ZDP") Shares. In 2009 the ZDP Share issues raised £46 million of net proceeds.
|260%||NAV per share increase over 10 years to 31/03/14|
|268%||Share price increase over 10 years to 31/03/14|
|2.1x||Historic share price outperformance compared to FTSE All-Share Index over 10 years to 31/03/14|