| What is Electra’s view of 2010? |  | |
| Where will Electra be investing in 2010? | | |
| Electra’s share price has been volatile over the year to 30 September 2009. Why did this happen? | | |
| How will shareholder value be generated? | | |
| Does the Board of Electra still operate a share buyback policy? | | |
| Do you expect to see a further fall in NAV over the coming months? | | |
| What is the underlying gearing within the portfolio? | | |
| What is the underlying gearing within Electra? | | |
| Does Electra have sufficient liquidity to meet its commitments to funds? | | |
| What credit facilities does Electra have? | | |
| What is a Zero Dividend Preference Share (“ZDP”) and how does it compare with an Ordinary Share? | | |
| Why did you issue ZDPs? | | |
| How have currency movements affected you? | | |
| Electra has not paid a dividend since March 2008. Will Electra pay dividends in the future? | | |
| What is your opinion of the new EU Directive and how will it affect Electra? | | |
| How does Electra consider Social, Community, Employee and Environmental Issues? | | |
| What is Electra’s Corporate Social Responsibility Policy? | | |
| How can I buy/sell my shares in Electra? | | |
| I am a current/potential investor resident in either the United States, Australia, Canada or Japan – can you send me information or documentation regarding Electra? | | |
| Can Electra’s shares be put into an ISA? | | |
| I have changed my address – how do I notify the Registrar? | | |
FAQ
What is Electra’s view of 2010?
Electra believes that recent months have seen a number of developments. In particular Electra Partners believes that distressed sellers exist across the capital structure and a shortage of capital to pursue opportunities means that competition for deals is likely to be reduced. These factors, together with Electra’s flexible investment mandate, will enable Electra Partners to target the growing number of investment opportunities in the market including capital for restructuring, buyouts, private equity into public companies, development capital, secondary investments and debt.With a stable portfolio, Electra Partners is not fire fighting and can devote its energies to seeking new opportunities. This, together with the Ł281 million of investment capacity (as at
30 September 2009), means that Electra is in a good position for the future.