ELTA.L Share News (ELTA)

ELTA.L Information

There is currently no data for ELTA

REMOVE ADS

Electra Private Equity Share Price Return Outpaces Benchmarks

Thu, 28th Jan 2016 08:46

LONDON (Alliance News) - Electra Private Equity PLC on Thursday said it delivered a share price total return of 15% in the quarter to the end of December, beating its benchmarks.

The FTSE 250-listed private equity investor said its share price total return for the first quarter of its financial year outpaced the 3.0% return for the Morningstar Private Equity Index and 4.0% return for the FTSE All-Share Index.

The company invested a total of GBP58.0 million in the quarter and realised a total of GBP235.0 million, it said.

"This has been an excellent start to the new financial year. Absolute and relative share price performance has been strong, continuing the long-term performance trend, and Electra Partners has made further progress in deploying Electra's capital as well as driving value in the portfolio," said Chairman Kate Barker.

Electra shares were down 0.1% at 3,463.00 pence early Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance