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                                       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                      Prudential plc group of companies                  
person(s) subject                                                                       
to the                                                                                  
notification                                                                            
obligation:iii                                                                          
                                                                                        
                   ORDINARY SHARES                                                      
                                                                                        
                   GB0003085445                                                         
                                                                                        
                                                                                        
                   HOLDING &                                                            
                                                                                        
                                                                                        
                   VOTING                                                               
                                                                                        
                                                                                        
                   RIGHTS                                                               
                                                                                        
                   DIRECT                                                               
                                                                                        
                   JACKSON NATIONAL                          721,510        
                                                                                        
                   PRUCLT HSBC GIS NOM(UK) PAC AC          2,198,172                 
                                                                                        
                   PRUCLT HSBC GIS NOM(UK) PPL AC             21,906                   
                                                                                        
                   STATE STREET NOMS LTD A/C GMIF              9,776                    
                                                                                        
                   STATE STREET NOMS LTD A/C GMXG            565,298                    
                                                                                        
                                                                                        
4. Full name of                                                                         
shareholder(s)     INDIRECT                                                             
                                                                                        
 (if different     PRUDENTIAL HOLBORN PENSIONS LD              1,825                       
from 3.):iv                                                                             
                                                                                        
                                                                                        
                   5% CONVERTIBLE BOND                                                  
                                                                                        
                   GB00B5B0NW64                                                         
                                                                                        
                                                                                        
                                                                                        
                   DIRECT                                                               
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                   VOTING                                                               
                                                                                        
                                                                                        
                   RIGHTS                                                               
                                                                                        
                                                                                        
                                                                                        
                   PRUCLT HSBC GIS NOM(UK) PAC AC            380,953                   
                                                                                        
                   (Holding:  10,116,000 Bonds)                                         
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
5. Date of the                                  15 May 2014                             
transaction and                                                                         
date on which the                                                                       
threshold is                                                                            
crossed or                                                                              
reached: v                                                                              
                                                                                        
6. Date on which                                16 May 2014                             
issuer notified:                                                                        
                                                                                        
7. Threshold(s)                                  8% - 11%                               
that is/are                                                                             
crossed or                                                                              
reached: vi, vii                                                                        
                                                                                        

 

 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type   Situation previous to the      Resulting situation after the triggering    
of shares    triggering transaction         transaction                                 
                                                                                        
if possible  Number of    Number of voting  Number of Number of voting   % of  voting   
using the    Shares       Rights            shares    rights             rights x       
ISIN CODE                                                                               
                                            Direct    Direct xi Indirect Direct Indirect
                                                                xii                     
                                                                                        
                                                                                        
                                                                                        
Ordinary                                                                                
Shares       3,178,917    3,178,917         3,518,487 3,516,662 1,825    9.95%  0.01%   
                                                                                        
GB0003085445                                                                            
                                                                                        
                                                                                        
                                                                                        

 

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of       Expiration Exercise/  Number of voting rights that may be        % of     
financial     date xiii             acquired if the instrument is exercised/   voting   
instrument               Conversion converted.                                 rights   
                         Period xiv                                                     
                                                                                        
                                                                                        
                                                                                        

 

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     % of voting     
financial     price    date xvii  Conversion      rights instrument    rights xix, xx  
instrument                        period xviii    refers to                            
                                                                                       
                                                                                       
                                                                                       
                                                                                       
5%                                                                                     
Convertible   2,050                                                    Nominal    Delta
Bond          pence    29/12/2017 N/A             380,953                              
                                                                                       
GB00B5B0NW64                                                                           
                                                                                  1.07%
                                                                                       
                                                                                       
                                                                                       
Total (A+B+C)                                                                          
                                                                                       
Number of voting rights                   Percentage of voting rights                  
                                                                                       
3,899,440                                 11.03%                                       
                                                                                       

 

 

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:                                                             
                                                                                        
                                                                                        
                                                                                        
14. Contact name:                                 Eleanor Cranmer                       
                                                                                        
                                                  Frostrow Capital LLP                  
                                                                                        
                                                                                        
15. Contact telephone number:                                                           
                                                  020 3008 4613