Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                                           
attached:ii                                            Electra Private Equity plc       
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
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): Change in Delta adjusted voting rights caused this             X
                        notification                                                    
                                                                                        
3. Full name of person(s) subject to the          Prudential plc group of companies     
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                          See attached schedule           
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                     21 December 2011             
which the threshold is crossed or                                                       
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                          23 December 2011             
                                                                                        
7. Threshold(s) that is/are crossed or                       See item 13                
reached: vi, vii                                                                        
                                                                                        

 

 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
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 rights
using            of        of        of shares rights                x                  
the ISIN CODE    Shares    Voting                                                       
                           Rights    Direct    Direct xi Indirect    Direct   Indirect  
                                                         xii                            
                                                                                        
                                                                                        
                                                                                        
Ordinary Shares  2,544,720 2,544,720 2,544,720 2,542,895 1,825       7.19%    0.01%     
GB0003085445                                                                            
                                                                                        
                                                                                        
                                                                                        

 

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial  Expiration Exercise/              Number of voting       % of voting 
instrument         date xiii  Conversion Period xiv  rights that may be     rights      
                                                     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 rights  % of voting    
financial    price    date xvii   Conversion    instrument refers to     rights xix, xx 
instrument                        period xviii                                          
                                                                                        
                                                                                        
5%                                                                                      
Convertible                                     509,342                  Nominal   Delta
Bond         N/A      N/A         N/A                                                   
GB00B5B0NW64                                                                            
                                                                                   1.44%
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                  Percentage of voting rights                    
                                                                                        
3,054,062                                8.64%                                          
                                                                                        

 

 

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)                                                         
                                                                                        
M&G Group Limited (wholly owned subsidiary of Prudential plc)                           
                                                                                        
M&G Limited (wholly owned subsidiary of M&G Group Limited)                              
                                                                                        
M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)              
                                                                                        
The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential         
plc)                                                                                    
                                                                                        
                                                                                        
                                                                                        

 

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:       As per DTR 5.1.2 the non-exempt holdings for Prudential plc have     
                   moved from 7% to 8% triggering this notification.                    
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
14. Contact name:  Eleanor Cranmer                                                      
                                                                                        
                   Frostrow Capital LLP                                                 
                                                                                        
15. Contact                                                                             
telephone number:                                                                       
                   020 3008 4613                                                        
                                                                                        

 

 

                        Notifiable Position Report for                         

                          ELECTRA PRIVATE EQUITY PLC                           

                            as at 21 December 2011                             

 

 

Percentage holdings are calculated using 35,340,391 Total Voting Rights

 

                          Registered    Holding    Voting    %                 
                          Holder                   Rights    Voting            
                                                             Rights            
                                                                               
                                                                               
Prudential plc                                     3,054,062    8.64 Total     
                                                                     Notifiable
                                                                     Interest  
                                                                               
ORD GBP0.25       0308544                2,544,720 2,544,720    7.20           
                                                                               
                                                                               
                                                                               
Holding Type :            PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
Direct                    PAC AC         2,496,158 2,496,158                   
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PPL AC            34,385    34,385                   
                                                                               
                          STATE STREET                                         
                          NOMS LTD A/C                                         
                          GMB7                                                 
                                                                               
                          STATE STREET       3,088     3,088                   
                          NOMS LTD A/C                                         
                          GMIF                                                 
                                                                               
                                             9,264     9,264                   
                                                                               
                          Sub Total :                                          
                                                                               
                                         2,542,895 2,542,895                   
                                                                               
                                                                               
                                                                               
Holding Type :            PRUDENTIAL                                           
                          HOLBORN                                              
Indirect                  PENSIONS LD                                          
                                                                               
                                             1,825     1,825                   
                                                                               
                          Sub Total :                                          
                                                                               
                                             1,825     1,825                   
                                                                               
                                                                               
                                                                               
                                                                               
                                                                               
5% SUB CNV 29/12/ B5B0NW6               10,494,000   509,342    1.44           
17 GBP1000                                                                     
                                                                               
                                                                               
Holding Type :            PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
Direct                    PAC AC        10,494,000   509,342                   
                                                                               
                                                                               
                                                                               
                          Sub Total :   10,494,000   509,342                   
                                                                               
                                                                               
                                                                               
M&G Group Limited                                  3,052,237   8.63            
                                                                               
                                                                               
                                                                               
ORD GBP0.25       0308544                2,542,895 2,542,895   7.19            
                                                                               
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC         2,496,158 2,496,158                   
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PPL AC            34,385    34,385                   
                                                                               
                          STATE STREET                                         
                          NOMS LTD A/C                                         
                          GMB7                                                 
                                                                               
                          STATE STREET       3,088     3,088                   
                          NOMS LTD A/C                                         
                          GMIF                                                 
                                                                               
                                             9,264     9,264                   
                                                                               
                                                                               
                                                                               
                                                                               
                                                                               
5% SUB CNV 29/12/ B5B0NW6               10,494,000   509,342   1.44            
17 GBP1000                                                                     
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC        10,494,000   509,342                   
                                                                               
                                                                               
                                                                               
M&G Investment                                     3,042,973   8.61            
Management                                                                     
Limited                                                                        
                                                                               
                                                                               
                                                                               
ORD GBP0.25       0308544                2,533,631 2,533,631   7.16            
                                                                               
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC         2,496,158 2,496,158                   
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PPL AC            34,385    34,385                   
                                                                               
                          STATE STREET                                         
                          NOMS LTD A/C                                         
                          GMB7                                                 
                                                                               
                                             3,088     3,088                   
                                                                               
                                                                               
                                                                               
                                                                               
                                                                               
5% SUB CNV 29/12/ B5B0NW6               10,494,000   509,342   1.44            
17 GBP1000                                                                     
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC        10,494,000   509,342                   
                                                                               
                                                                               
                                                                               
M&G Limited                                        3,052,237   8.63            
                                                                               
                                                                               
                                                                               
ORD GBP0.25       0308544                2,542,895 2,542,895   7.19            
                                                                               
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC         2,496,158 2,496,158                   
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PPL AC            34,385    34,385                   
                                                                               
                          STATE STREET                                         
                          NOMS LTD A/C                                         
                          GMB7                                                 
                                                                               
                          STATE STREET       3,088     3,088                   
                          NOMS LTD A/C                                         
                          GMIF                                                 
                                                                               
                                             9,264     9,264                   
                                                                               
                                                                               
                                                                               
5% SUB CNV 29/12/ B5B0NW6               10,494,000   509,342   1.44            
17 GBP1000                                                                     
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC        10,494,000   509,342                   
                                                                               
                                                                               
                                                                               
The Prudential                                     3,039,885   8.60            
Assurance Company                                                              
Limited                                                                        
                                                                               
                                                                               
                                                                               
ORD GBP0.25       0308544                2,530,543 2,530,543   7.16            
                                                                               
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC         2,496,158 2,496,158                   
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PPL AC            34,385    34,385                   
                                                                               
                                                                               
                                                                               
5% SUB CNV 29/12/ B5B0NW6               10,494,000   509,342   1.44            
17 GBP1000                                                                     
                                                                               
                                                                               
                          PRUCLT HSBC                                          
                          GIS NOM(UK)                                          
                          PAC AC        10,494,000   509,342