27th Aug 2009 16:07
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are Electra Private
Equity Plc attached:
2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights
Yes Disposal
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): Asset Value Investors Limited AVI Value Fund (685,104) 3. Full name of person(s) subject to the British Empire Securities notification obligation: (1,846,454) CF AVI Global Fund (352,285) Segregated Accounts (612,181) State Street Nominees 4. Full name of shareholder(s) Chase Nominees (if different from 3.): BoNY Nominees Others 5. Date of the transaction (and date on 25 August 2009 which the threshold is crossed or
reached if different): 6. Date on which issuer notified: 27 August 2009 7. Threshold(s) that is/are crossed or 10%
reached: 8. Notified details:
A: Voting rights attached to shares Class/type Situation previous Resulting situation after the triggering transaction of to the triggering shares transaction if Number Number Number of voting % of voting rightspossible of of Number rights using Shares Voting of shares the ISIN Rights CODE Direct Indirect Direct Indirect GB0003085445 3,560,190 3,560,190 3,496,024 3,496,024 0 9.89 0 Ordinary Shares B: Financial Instruments
Resulting situation after the triggering transaction
Number of voting Type of financial Expiration Exercise/ rights that may be % of voting instrument date Conversion Period acquired (if the rights instrument is exercised/ converted) N/A Total (A+B) Number of voting rights Percentage of voting rights 3,496,024 9.89
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
State Street Nominees acts as Custodian for AVI Value Fund Chase Nominees acts as Custodian for British Empire Securities BoNY acts as Custodian for CF AVI Value Fund Other nominees act as Custodian for the Segregated Accounts
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: Asset Value Investors acts as discretionary fund manager 13. Additional information: for all shares mentioned in item 8 Daniel Sadler 020 7467 2919 14. Contact name: Julian Rhys, Frostrow Capital LLP, Company Secretary 15. Contact telephone number: 0203 008 4613
vendorRelated Shares:
ELTA.L