Dec 11 (Reuters) - Electra Private Equity PLC:
* NAV AT 30 SEPTEMBER 2018 OF £342M (892.4 PENCE PER SHARE)
* SAYS HIGHLIGHTS . NAV AT 30 SEPTEMBER 2018 OF £342M (892.4 PENCE PER SHARE)
* SAYS FURTHER DIVIDEND ANNOUNCEMENTS WILL FOLLOW IN Q1 OF 2019
* SAYS CONCENTRATION OF PORTFOLIO LEADS TO VOLATILITY AS DIFFICULT CONDITIONS IN UK RETAIL AND CASUAL DINING IMPACTED TGI FRIDAYS (£124.6M) AND HOTTER SHOES (£6.8M)
* SAYS BOTH IMPACTED BY EXCEPTIONAL WEATHER CONDITIONS IN 2018 AS WELL AS UNDERLYING MARKETS
* SAYS RECOVERY PLANS FOR BOTH BUSINESSES ARE IN PLACE INTENDED TO INCREASE RESILIENCE AND VALUE PRIOR TO EXITS IN AN ACCEPTABLE TIMEFRAME
* SAYS SPECIAL PRODUCT COMPANY (£7.3M) PERFORMING STRONGLY IN US CABLE AND TELECOM INFRASTRUCTURE MARKET WHILST SENTINEL (£4.1M) IS EXPERIENCING A CHALLENGING END TO A STRONG YEAR AS CUSTOMERS SUPPLY CHAINS ADJUST TO END USER DEMAND IN UK BUILDING PRODUCTS SECTOR
* SAYS TAIL ASSETS CONTINUE TO PROVIDE EXPECTED VALUE REALISATIONS
* SAYS PHOTOBOX SOLD POST YEAR END AND KNIGHT SQUARE DISPOSAL EXPECTED TO COMPLETE LATER THIS MONTH Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)