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SVG Capital PLC (SVI)

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Friday 02 September, 2011

SVG Capital PLC

Partial realisation of holding in Galaxy

RNS Number : 5122N
SVG Capital PLC
02 September 2011

SVG Capital plc

Press Release

For immediate release 2 September 2011

Partial realisation of holding in Galaxy


Permira IV has today realised 33.8% of its holding in Galaxy Entertainment Group, the Hong Kong listed casino and hotel operator, at HKD17.70 per share.

The value of this partial realisation for SVG Capital is £71.4 million, which together with the value of the remaining holding in the group represents an £18.8 million (6.0p per share) uplift to the June 2011 valuation of Galaxy of £204.1 million.

Following this partial realisation, Permira IV holds 12.8% of Galaxy's issued share capital and SVG Capital's remaining holding is valued at £151.5million (as at 1 September 2011).


For further information, please contact:


SVG Capital plc

020 7010 8900

Alice Kain

Charlotte Edgar


020 7379 5151

Neil Bennett

Anne Gilding







This information is provided by RNS
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