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SVG Capital PLC (SVI)

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Wednesday 15 February, 2012

SVG Capital PLC

Partial realisation of holding in TDC

RNS Number : 4561X
SVG Capital PLC
15 February 2012
 



 

SVG Capital plc

Press Release

For immediate release 15 February 2012

Partial realisation of holding in TDC 

Funds advised by Permira have partially realised their holding in TDC, the Danish listed communications solutions provider, at DKK 43.26 per share.

The value of this partial realisation to SVG Capital, both directly and indirectly through its holdings in the Permira Feeder Vehicles, is approximately £21 million. SVG Capital expects to receive proceeds of approximately £10 million from its direct holding (1).

Following this partial realisation, SVG Capital's remaining holding is valued at approximately £45 million (as at 14 February 2012). Funds advised by Permira are subject to a customary 90 day lock-up period from the closing of the sale, subject to certain customary exceptions.

 

 

For further information, please contact:




SVG Capital plc          

020 7010 8900

Alice Kain


Charlotte Edgar




Maitland

020 7379 5151

Neil Bennett


 

 

(1)  Net of Permira carried interest and holdings in the Permira Feeder vehicles


This information is provided by RNS
The company news service from the London Stock Exchange
 
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