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Notice in respect of Convertible Bonds

Date : 02/04/2012 @ 17:00
Source : UK Regulatory (RNS & others)
Stock : Svg Cap. (SVI)
Quote : 385.6  0.0 (0.00%) @ 05:00

Notice in respect of Convertible Bonds

TIDMSVI

RNS Number : 5236A

SVG Capital PLC

02 April 2012

SVG Capital plc

02 April 2012

SVG Capital plc (the "Company")

GBP120,000,000 8.25 per cent. Convertible Bonds due 2016

(ISIN: XS0363977306, Common Code 036397730)

(the "Bonds")

Notice of adjustment to Conversion Price

The Company hereby notifies holders of the Bonds that as a result of the tender offer undertaken by the Company on 30 March 2012, an adjustment was made to the Conversion Price in accordance with Condition 5 (b) (iii) of the Bonds.

The adjusted Conversion Price is GBP6.10.

The previous Conversion Price was GBP6.48.

The adjustment to the Conversion Price was effected on 30 March 2012.

Capitalised terms used but not defined in this notice shall have the meanings given to them in the terms and conditions of the Bonds.

For further information, please contact:

Stuart Ballard SVG Capital plc 61 Aldwych

London

WC2B 4AE

United Kingdom

Tel: 020 7010 8935

This information is provided by RNS

The company news service from the London Stock Exchange

END

STRSDDFISFESELD

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