Electra Private Equity Plc (ELTA.L) reported first half financial results Tuesday. Unaudited diluted NAV per share was up 6.1% percent to 2,360p in the six months to March 31, 2012.
Commenting on the results, Colette Bowe, Chairman of Electra Private Equity, said, "Electra made good progress over the last six months with six realisations being made, at significant premiums to carrying values. The Board echoes Electra Partners' confidence that opportunities will arise over the next 12-18 months."
"At a time when debt remains scarce and expensive and there is evidence that raising funds is taking longer than usual, the Board is pleased that Electra's war chest is already well stocked and ready to be deployed," Bowe added.
The firm report investment capacity of £449 million (£16 million cash, £397 million liquidity funds and undrawn borrowings of £36 million.)
Separately, Electra Private Equity said it appointed Roger Yates as a non-executive director with immediate effect.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.