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Electra Private Equity PLC (ELTA.L)

ELTA.L on London Stock Exchange

2,662.00GBp
24 May 2017
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Latest Key Developments (Source: Significant Developments)

Epiris to sell Pine Unit Trust for 95 million stg
Wednesday, 24 May 2017 06:04am EDT 

May 24 (Reuters) - Electra Private Equity Plc :Epiris announces the sale of Pine Unit Trust.Epiris announces sale of Pine Unit Trust for 95 million stg.Co received proceeds of 50 million stg from sale, an uplift of 10 million stg or 25 pct and equivalent to an NAV increase of 24 pper share on Sept 30 valuation.Electra has received total proceeds of 83 million stg from its investment in Pine, equivalent to 1.9x original cost and an IRR of 14 pct.  Full Article

Electra to receive 26 mln stg from sale of TechInsights to Oakley Capital
Monday, 15 May 2017 02:18am EDT 

May 15 (Reuters) - Electra Private Equity Plc :Epiris is pleased to announce that its portfolio company axio group ("axio") has agreed sale of techinsights to oakley capital.Based on today's exchange rates, electra private equity plc ("electra") would receive proceeds from axio of £26 million.Sale would increase total cash proceeds received by electra from its investment in axio to £455 million, equivalent to 5.0x original cost, and an irr of 76%.  Full Article

Epiris bags $85mln from sale of RISI to Euromoney
Friday, 21 Apr 2017 02:00am EDT 

April 21 (Reuters) - Electra Private Equity Plc :Epiris receives 67 million pounds ($85.83 million)from the sale of risi.Following receipt of regulatory approvals, sale of risi to euromoney institutional investor plc for $125 million completed on 6 april 2017.Sale is sixth major realisation from axio's portfolio and takes total cash proceeds received by electra from its investment in axio to almost £420 million, or 4.6x original cost.Total return, including electra's investment in remainder of axio group, including techinsights, to more than 5x original cost.  Full Article

Electra says Epiris sells stakes in Cala, Retirement Bridge
Wednesday, 19 Apr 2017 02:00am EDT 

April 19 (Reuters) - Electra Private Equity Plc ::Epiris sells Cala & Retirement Bridge Investments.Deal for aggregate proceeds of 94 million stg.Sale to Patron Capital Partners.  Full Article

Electra says to get 40 mln stg from Epiris stake sale in Hollywood Bowl
Friday, 7 Apr 2017 02:42am EDT 

Electra Private Equity Plc : Electra Private Equity Plc is due to receive proceeds of 40 million pounds from sale. . This represents a small decrease in Electra's nav on valuation of investment at 30 September 2016. .Inclusive of proceeds already received, this equates to a total equity return on investment of 3.9x original cost; an irr of 92 pct.  Full Article

Electra Private Equity Epiris completes sale of treetops nurseries
Friday, 7 Apr 2017 02:00am EDT 

Electra Private Equity Plc : Epiris completes sale of treetops nurseries . Electra private equity plc has received proceeds from sale of £94 million. .This equates to a return of 6.5x cost and an irr of 59%..  Full Article

Epiris agrees the sale of treetops nurseries
Thursday, 30 Mar 2017 02:00am EDT 

Electra Private Equity Plc - : Epiris agrees the sale of treetops nurseries . Agreed sale of treetops nurseries ("treetops"), UK's fourth largest nursery education operator, to busy bees . Transaction is anticipated to close in April . Expected to receive proceeds from sale of 93 million pounds, an uplift of 44 million pounds or 91 pct . Sale proceeds also equivalent to an increase in its NAV of 107 pence per share on valuation of investment at Sept. 30 2016 .Equates to a return of 6.5x cost and an IRR of 59 pct.  Full Article

Electra Private Equity declares special dividend of 2,612p/shr
Friday, 24 Mar 2017 03:00am EDT 

Electra Private Equity Plc : Today declaring a special dividend. of £1.0 billion, representing 2,612p per share, to be paid on 5 may 2017 . Estimated pro forma net asset value per share as at 28 february 2017 was 5,327p .Board believes that it is best practice to return excess capital to shareholders and will continue to monitor company's capital needs.  Full Article

Epiris announces realisation of Allflex
Thursday, 23 Mar 2017 03:00am EDT 

Electra Private Equity Plc : Epiris announces the realisation of Allflex . Has sold Electra Private Equity Plc's remaining stake in Allflex corporation to an existing shareholder .Electra received proceeds of 70.3 mln pounds from sale, an uplift of 1.5 mln pounds or 2% on valuation of its investment in Allflex at 30 September 2016.  Full Article

Epiris announces the sale of Risi for $125 Mln
Friday, 3 Mar 2017 02:10am EST 

Electra Private Equity Plc : Epiris announces the sale of risi for $125 million .Portfolio company axio has agreed to sell risi to euromoney institutional investor plc for $125 million.  Full Article

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