SVG shares down 8% as Aegon sells stake

Aegon sold 20 million ordinary shares at £4.20 apiece on January 15, raising aggregate gross proceeds of £84m. Aegon still holds around 18.5 million ordinary shares in SVG, equating to a 7.9% stake.

SVG's share price took a 9% dip the day following the placement, with shares trading at £4.24, down from £4.66. At the time of publishing, SVG shares were trading at £4.28 apiece.

SVG also announced on 17 January that it had reaped £85.6m from Permira's final exit from ProSiebenSat.1. SVG is a major LP in Permira's fourth fund.

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• Topics
• UK / Ireland
• GPs
• LPs
• SVG Capital