Adjustment of Conversion Price of Bonds

RNS Number : 8051P

Electra Private Equity PLC

10 June 2015

 



ELECTRA PRIVATE EQUITY PLC

10 June 2015

Adjustment of Conversion Price of the 5 Per Cent. Subordinated Convertible Bonds Due 2017 (the "Bonds")

The Company announces an adjustment to the Conversion Price of the Bonds in accordance with Conditions 8(c) and 8(q) of the Terms and Conditions of the Bonds.  This results from the fact that the Ordinary Shares of the Company are now trading ex-dividend in respect of the dividend payable on 24 July 2015.

With effect from 4 June 2015, the Conversion Price is 2,025 pence (previously 2,050 pence).

There are no other changes to the Terms and Conditions at the current time.

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