Electra Private Equity PLC (“Electra”) notes that independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Pensions & Investment Research Consultants Ltd (“PIRC”) have recommended that Electra shareholders vote against all the resolutions proposed. Read more
Further to the announcement made by Electra Private Equity PLC (the "Company") on 22 September 2014, the Company has today published an additional circular containing the text of that announcement (the “Additional Circular”) and will be posting it to shareholders, today, 23 September 2014. Read more
Electra Private Equity PLC (“Electra” or the “Company”) notes the letter from Sherborne Investors Management (Guernsey) LLC (together with its associates, “Sherborne”) to the Company’s shareholders which was set out in the announcement made by Sherborne Investors (Guernsey) B Limited (“SIGB”) on 17 September 2014 (the “Sherborne Letter” or “Sherborne’s Letter”). 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|