Correction Holding(s) in Company

TO CORRECT UNDERLYING ISSUER FROM ELECTRA PRIVATE EQUITY INVESTMENTS PLC TO
ELECTRA PRIVATE EQUITY PLC

 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                
                                                                              

 

1. Identity of the issuer or the underlying issuer of         Electra Private 
existing shares to which voting rights are attached:          Equity Plc      
                                                                              

 

2 Reason for the notification (please tick the appropriate box or boxes):     
                                                                              
                                                                              
                                                                             X
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 specify):                                                       
                                                                              

 

3. Full name of person(s) subject to the          British EmpireSecurities and
notification obligation:                          General Trust plc           
                                                                              
4. Full name of shareholder(s) (if different from                             
3.):                                                                          
                                                                              
                                                                              
                                                                              
5. Date of the transaction and date on which the  Transaction: 18 August 2010 
threshold is crossed or reached:                                              
                                                  Settlement: 23 August 2010  
                                                                              
                                                                              
6. Date on which issuer notified:                                             
                                                  19 August 2010              
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:                               
                                                  3%                          
                                                                              
                                                                              


 

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
Class/type of Situation previous  Resulting situation after the triggering    
shares        to the triggering   transaction                                 
              transaction                                                     
                                                                              
if possible   Number    Number    Number    Number of voting   % of  voting   
using         of        of        of shares rights             rights         
the ISIN CODE Shares    Voting                                                
                        Rights    Direct    Direct    Indirect Direct Indirect
                                                                              
Ordinary 25p                                                                  
shares        1,135,421 1,135,421 1,007,218 1,007,218          2.85%          
                                                                              
GB0003085445                                                                  
                                                                              

 

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 may be     rights      
                               Period      acquired if the                    
                                           instrument is                      
                                           exercised/ converted.              
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
                                                                              
Resulting situation after the triggering transaction                          
                                                                              
                                                                              
                                                                              
Type of         Exercise Expiration Exercise/  Number of       % of voting    
financial       price    date       Conversion voting          rights         
instrument                          period     rights                         
                                               instrument                     
                                               refers to                      
                                                                              
                                                               Nominal  Delta 
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              

 

Total (A+B+C)                                                                 
                                                                              
Number of voting rights             Percentage of voting rights               
                                                                              
1,007,218                           2.85%                                     
                                                                              

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
                                                                              
                                                                              

 

Proxy Voting:                                                                 
                                                                              
                                                                              
                                                                              
10. Name of the proxy holder:                                                 
                                                                              
                                                                              
                                                                              
11. Number of voting rights proxy holder will cease to hold:                  
                                                                              
                                                                              
                                                                              
12. Date on which proxy holder will cease to hold voting rights:              
                                                                              
                                                                              
                                                                              

 

13. Additional                                                                
information:                                                                  
                                                                              
                                                                              
                                                                              
14. Contact name:         Phoenix Administration Services Limited - Company   
                          Secretary                                           
                                                                              
                                                                              
                          [phone]                                  
15. Contact telephone                                                         
number:                                                                       
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              
                          Julian Rhys                                         
                                                                              
                          Frostrow Capital LLP                                
                                                                              
                          Company Secretary to Electra Private Equity plc     
                                                                              
                          0203 008 4613