TIDMELTZ

RNS Number : 0742H

Electra Private Equity Invest PLC

12 August 2016

ELECTRA PRIVATE EQUITY INVESTMENTS PLC

(In members' voluntary liquidation)

(A wholly owned subsidiary of Electra Private Equity PLC)

12 August 2016

RESULT OF GENERAL MEETING

AND

PAYMENT OF FINAL CAPITAL ENTITLEMENT TO ZDP SHAREHOLDERS

Further to its announcement on 15 July 2016, regarding proposals for the members' voluntary winding-up of Electra Private Equity Investments PLC (the "Company") and payment of the Final Capital Entitlement to ZDP Shareholders, the Company is pleased to announce that the resolution approving the winding up of the Company and related matters was passed at the General Meeting held earlier today. The resolution was set out in the notice convening the General Meeting, which was included in the Company's circular dated 15 July 2016, a copy of which is available for inspection at www.morningstar.co.uk/uk/nsm (the "Circular").

The results of the poll were as follows:

 
 Resolution        Votes       %     Votes     %   Votes        Votes 
                    For               Against       total        Withheld(1) 
----------------  -----------  ---  ---------      ----------  ------------- 
 Winding 
  up resolution    22,340,262  100          0   0  22,340,262              0 
----------------  -----------  ---  ---------      ----------  ------------- 
 
   1    A vote withheld is not counted towards the votes "For" or "Against" a resolution.

The Joint Liquidators confirm that they expect that:

-- the Final Capital Entitlement payable in relation to ZDP Shares held in uncertificated form will be paid through CREST on Monday, 15 August 2016; and

--

-- cheques in respect of the Final Capital Entitlement payable in relation to ZDP Shares held in certificated form will be sent by first class mail by not later than Friday, 19 August 2016 to the registered addresses of the relevant ZDP Shareholders.

After payment of the Final Capital Entitlement, any existing credit of ZDP Shares in any stock account in CREST will be redundant and any existing certificates in respect of ZDP Shares will cease to be of value. Admission of the ZDP Shares to the Official List and trading of the ZDP Shares on the London Stock Exchange's Main Market is expected to be cancelled with effect from 8.00 a.m. on Friday, 19 August 2016.

ENDS

Enquiries

 
 Laura Williamson             T: 0207 311 8208 
  for the Joint Liquidators 
  KPMG LLP 
  15 Canada Square 
  London E14 5GL

Note

Unless the context requires otherwise, words and expressions defined in the Circular have the same meanings when used in this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMEAEPAFSDKEFF

(END) Dow Jones Newswires

August 12, 2016 06:54 ET (10:54 GMT)

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