ELTA.L Regulatory News (ELTA)

19 Aug 2011 16:40

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

PLEASE COMPLETE ALL RELEVANT BOXES IN BLOCK CAPITAL LETTERS.

1. Name of the issuer:

ELECTRA PRIVATE EQUITY PLC

2. State whether the notification relates to:

i. a transaction notified in accordance with DTR 3.1.2R; or

(ii) a disclosure made in accordance with LR9.8.6R(1)

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006))

Notification relates to (i).

3. Name of person discharging managerial responsibilities / director:

ROGER PERKIN

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person:

As in 3 above

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest:

Holding of director in 3

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares:

5 per cent Subordinated Convertible Bonds due 2017 ("Bonds")

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them:

N/A

8. State the nature of the transaction:

Acquisition in open offer

9. Number of shares, debentures or financial instruments relating to shares acquired:

42 Bonds

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage):

0.04%

11. Number of shares, debentures or financial instruments relating to shares disposed:

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage):

N/A

13. Price per share or value of transaction:

£1,000 per Bond

14. Date and place of transaction:

29 December 2010

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage):

4 Bonds; 0.04%

16. Date issuer informed of transaction:

18 August 2011

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant:

-

18. Period during which or date on which exercisable:

-

19. Total amount paid (if any) for grant of the option:

-

20. Description of shares or debentures involved (class and number):

-

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise:

-

22. Total number of shares or debentures over which options held following notification:

-

23. Any additional information:

24. Name of contact and telephone number for queries:

ELEANOR CRANMER 020 3008 4613

Name of authorised official of issuer responsible for making notification:

FROSTROW CAPITAL LLP, COMPANY SECRETARY TO ELECTRA PRIVATE EQUITY PLC

Date of notification:19 August 2011 - END -