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The information on this site is issued by SVG Capital plc ("SVG Capital"), whose registered office is at 31 Gresham Street, London, EC2V 7QA. SVG Capital is registered in England: No. 3066856. This website has been approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by SVG Advisers Limited (“SVGA”), whose registered office is at 111 Strand, London WC2R 0AG. SVGA is registered in England: No. 3368611, and is authorised and regulated by the UK Financial Services Authority.

The information contained on this website is not intended to make any offer, inducement, invitation or commitment to purchase, subscribe to, provide or sell any securities, service or product or to provide any recommendations on which visitors to this site should rely for financial, securities, investment or other advice or to take any decision. Visitors to this site are encouraged to seek individual advice from their personal, financial, legal and other advisers before making any investment or financial decisions or purchasing any financial, securities or investment related service or product.

The information contained on this website is provided for general information and is not comprehensive and has not been prepared for any other purpose. Any financial, securities or investment related service or product referred to may not be available to all customers or in all cases; may be available only where specifically requested and agreed upon; may be associated with certain specific fees and conditions and may be materially different than as described. Information on this website should only be viewed by persons permitted by applicable law or regulatory requirements to receive such information.

Risk considerations

You should remember that the value of investments, and the income from them, may go down as well as up, and is not guaranteed, and investors may not get back the amount of money invested. Past performance cannot be relied on as a guide to future performance. Exchange rate changes may cause the value of overseas investments or investments denominated in different currencies to rise or fall.

In addition, there is no guarantee that the market price of shares will fully reflect their underlying net asset value and it is not uncommon for the market price of such shares to trade at a substantial discount to their net asset value.

These are not all the risks of an investment in SVG Capital shares or SVG private equity or public equity products. Investors should take advice from their own independent, professional financial advisers before making an investment decision and are responsible for ascertaining any income tax or other tax consequences which may affect their acquisition of any investment.

Accuracy of information

Although SVG Capital has taken all reasonable care that the information contained within this website is accurate at the time of publication, no representation or warranty (including liability towards third-parties), expressed or implied, is made (or accepted) as to its accuracy or completeness or fitness for any purpose by SVG Capital or any of its affiliates(1) or contractual partners. Under no circumstances will SVG Capital or any of its affiliates(1) be liable for any direct, indirect, incidental, special or consequential loss or damages caused by reliance on this information or for the risks inherent in the financial markets.

(1) Affiliates is defined in the Code of Business Rules as '"Undertaking within the same group."

To the maximum extent permitted by applicable law and regulatory requirements, SVG Capital specifically disclaims any liability for errors, inaccuracies or omissions on its website and for any loss or damage resulting from its use, whether caused by negligence or otherwise. Viewers agree to assume responsibility for determining whether any legal or regulatory considerations limit access to or use of information, services or products described on this website and for the use of any information on such website.

Linked websites

This website may contain or be linked to websites, advice or statements of third parties, including SVG public equity or private equity products, and such links are for information purposes only. SVG Capital makes no representation as to the accuracy or timeliness of such information, has not and will not review or update such information and cautions viewers that any use made of such information is at their own risk. SVG Capital does not take responsibility for the contents of such other websites and the use of such websites is at your own risk.

Sales restrictions

Access to the information contained within this website may be restricted by laws and regulations applicable to the user. The information in this website does not constitute either an offer to sell or a solicitation or an offer to buy in a country in which this type of offer or solicitation is unlawful, or in which a person making such an offer or solicitation does not hold the necessary authorisation to do so, or at all. Accordingly, persons accessing the information on this website are responsible themselves for ascertaining the legal requirements which would affect their acquisition of any investment, including any foreign exchange control requirements.

USA

Shares in SVG Capital have not been and will not be registered under the US Securities Act of 1933 for offer or sale and SVG Capital has not been and will not be registered under the US Investment Company Act of 1940. No offer to sell securities in the USA or elsewhere is made by this web site, nor is an offer to purchase securities solicited.
By clicking the "I AGREE " button below you certify that you are not a "U.S. Person" as defined in Regulation S.

Australia/Canada/Hong Kong/Singapore

Shares in SVG Capital are not registered for sale in Australia, Canada, Hong Kong or Singapore and may not be sold, offered or delivered in those countries.

Other countries

As a general rule, the shares of SVG Capital may not be sold, offered or delivered in any other countries without registration. The information contained on this website is therefore not directed at specific persons, but to readers generally interested in SVG Capital.

Other information

Copyright SVG Capital plc 2006. All copyright and other intellectual property rights in the information and material contained herein are held by SVG Capital plc or its licensors. No rights of any kind are licensed or assigned or shall otherwise pass to persons accessing this information.

Persons who may access the SVG Public Equity section of the website

Because this part of the website includes information related to unregulated collective investment schemes, it is directed only at persons who (1) are authorised under the UK Financial Services and Markets Act 2000 or are otherwise "Investment Professionals" within the meaning of Article 14(5) of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001, (2) who are otherwise categorised as eligible counterparties or professional clients for the purpose of Section 4 of the Conduct of Business Sourcebook of the Financial Services Authority's Handbook of Rules and Guidance ("permitted recipients") or (3) are persons outside the United Kingdom (all such persons together being referred to as "relevant persons"). Persons who are outside the United Kingdom should refer to the sections entitled "USA", "Australia/Canada/Hong Kong/Singapore" and "Other countries" above. This information must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this information related is available only to relevant persons and will be engaged in only with relevant persons.

This section of the website is not designed for, and the services of the SVG Public Equity Team are not available to, persons of any other description and such persons should not rely on any information contained within this section of the website. Should you be in any doubt about your status, you should not access this section of the website and should consult an independent financial adviser who specialises in providing advice on participation in unregulated collective investment schemes.

If you have read and understood these conditions of use, you may click the ‘I agree’ button on the left to proceed. By doing so, you acknowledge that you understand the conditions of use and agree to abide by them.