If you disregard all other than PEP11 assets of BPH and BUY:
Advent energy own 85% of PEP11
BPH own 26% (new figure, was 22%) of Advent energy,
BPH therefor have an 22.1% exposure to Pep11
BUY own 15% of PEP 11BPH - 564 millions shares 22.1% of PEP; 1% PEP= 25.5 mil
BUY - 1096 millions shares 15% of PEP; 1% PEP= 73.06 mil
The right ratio expected to be 1:2.865
If you disregard all other than PEP11 assets of BPH and BUY:...
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