Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

SVG Capital PLC (SVI)

  Print      Mail a friend       Annual reports

Monday 22 May, 2006

SVG Capital PLC


SVG Capital PLC
22 May 2006



                                SVG Capital plc
                               (FORMERLY KNOWN AS

                           CONVERTIBLE BONDS DUE 2013

22 May 2006

SVG Capital plc (formerly known as Schroder Ventures International Investment
Trust plc) (the 'Company') announces that, under the terms and conditions of its
£49,000,000 41/2 per cent. Subordinated Convertible Bonds due 2013 (the '2013
Bonds'), it is now exercising its right to call for redemption of all the 2013
Bonds in issue.  JPM Chase Bank (the 'Conversion Agent') has despatched to the
holders of the 2013 Bonds a notice redeeming the 2013 Bonds in issue (the '

Under the terms and conditions of the 2013 Bonds, the Company may, at any time
on giving not less than 21 days' notice to the holders of the 2013 Bonds, redeem
some or all of the 2013 Bonds at their principal amount plus accrued and unpaid
interest thereon to, but excluding, the date fixed for redemption, if at any
time on or after 21 May 2006 the average closing price of the Company's Ordinary
Shares for 20 consecutive dealing days immediately prior to the issue of the
Notice is equal to or greater than 130 per cent. of the conversion price of
480p, being 624p.

The average closing price of the Company's Ordinary Shares over the 20
consecutive dealing days prior to the publication of the Notice was 787.23p.
The closing price on Friday 19 May 2006, being the latest practicable date prior
to the publication of the Notice, was 771p.

The date fixed for redemption by the Company in the Notice is 13 June 2006 (the
'Exercise Date').

Holders of 2013 Bonds may, prior to 3pm on Tuesday 6 June 2006, elect, in
writing to the Conversion Agent to convert their 2013 Bonds into the Company's
Ordinary Shares at the conversion price of 480p.

The Company calculates the net asset value of its Ordinary Shares on a fully
diluted basis, hence the conversion of the 2013 Bonds will have no impact on its
diluted net asset value per Ordinary Share.

For further information, please contact:
SVG Capital plc
Alice Todhunter                                       020 7010 8925

This announcement has been issued by the Company and is the sole responsibility
of the Company.

This announcement is for information purposes only and does not constitute an
offer or an invitation to acquire or dispose of any securities or investment
advice. This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire Ordinary Shares in any jurisdiction
in which such offer or solicitation is unlawful.

This announcement may not be used for the purpose of an offer or solicitation in
any jurisdiction or in any circumstances in which such offer or solicitation is
unlawful or not authorised.

This announcement does not constitute an offer of securities for sale in the
United States.  The securities being sold have not been and will not be
registered under the United States Securities Act of 1933 and may not be offered
or sold in the United States absent registration or an applicable exemption from
registration. There will be no public offer of securities in the United States.
The Company will not be registered under the United States Investment Company
Act of 1940.

The distribution of this announcement and/or issue of Ordinary Shares in certain
jurisdictions may be restricted by law. No action has been taken by the Company
that would permit an offer of Ordinary Shares or possession or distribution of
this announcement or any other offering or publicity material relating to
Ordinary Shares in any jurisdiction where action for that purpose is required,
other than in the United Kingdom. Persons into whose possession this
announcement comes are required to inform themselves about and to observe any
such restrictions.

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

a d v e r t i s e m e n t