HarbourVest urges SVG shareholders to accept offer

HarbourVest has urged SVG Capital to accept the full and final cash offer of 650 pence per share.

HarbourVest notes that despite the board of SVG Capital stating yesterday that it would be in a position to update shareholders as to its discussions with other parties by this morning, no announcement has been made.

HarbourVest says its offer provides shareholders with clarity and certainty. The offer, which has a deadline of 1.00 p.m. on Thursday 6 October (or later, if extended).

At 1:23pm: (LON:SVI) SVG Capital Plc share price was +3.5p at 683.5p