21 Jan 2022 14:34
21 January 2022
Electra Private Equity PLC
Change of Accounting Reference Date
The Board of Electra Private Equity PLC ("Electra" or the "Company") announces that in anticipation of the Company's Admission to AIM, which is expected to be effective on 31 January 2022, it has resolved to change the Company's Accounting Reference Date to 30 January with immediate effect.
The audited results for the 16 month period ending 30 January 2022 are expected to be published in March 2022. The Company will continue to operate as an Investment Trust throughout this period.
Upon Admission to AIM, expected to be with effect from 31 January 2022, the Company will no longer meet the requirements of section 1158 of the Corporation Tax Act 2010 for an investment trust and, as a result, any capital gains realised by the Company (less any losses available) on or after Admission will be subject to corporation tax.
ENDS
ENQUIRIES
Electra Private Equity PLC
Gavin Manson, Chief Financial and Operating Officer
020 3874 8300