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                 Electra Private Equity plc
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
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               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                                                  
which the threshold is crossed or                                24 July 2012           
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                25 July 2012           
                                                                                        
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                            
                                                                                        
  GB0003085445   2,850,961 2,850,961 2,850,961 2,849,136    1,825     8.06%     0.00%   
                                                                                        

 

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                                                              Nominal   Delta
    Bond       N/A        N/A          N/A                                              
                                                        323,010                         
GB00B5B0NW64                                                                       0.91%
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                  Percentage of voting rights                    
                                                                                        
3,173,971                                8.98%                                          
                                                                                        


 

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                                 N/A 
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                   N/A 
voting rights:                                                                          
                                                                                        

 

                                                                                        
13. Additional                                                                          
information:        As per 5.1.2, the non-exempt holdings for Prudential plc have moved 
                    from 8% to 7% triggering this notification.                         
                                                                                        
                                                                                        
                                                                                        
                    James Todd / Mark Thomas                                            
14. Contact name:                                                                       
                    M&G Investment Management Limited                                   
                                                                                        
15. Contact         020 7548 2979 / 020 7548 3266                                       
telephone number: