Electra Investment Trust P.l.c. - ELTA- Profile

Electra Private Equity PLC Formerly known as Electra Investment Trust P.L.C.. The Group's principal activity is that of an Investment Trust Company. The Group's investment strategy is to specialise in investing in the private equity market. The Group has been approved by the HM Revenue as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 30-Sep-2005.Investment management services are provided by Electra Partners for a priority profit share of 1.5% on the gross value of the Group's investment portfolio. The contract has a rolling one year notice period and can be terminated on one year notice without penalty. Operates as an Investment Trust Company