SVG Capital says that, including its current net cash resources and net of all estimated costs, this equates to an approximate aggregate value per share of 680p. This is higher than HarbourVest Bidco's full and final cash offer of 650p. SVG Capital says that approximately £1,064m would be returned to Shareholders, should the sale complete on the agreed terms, through a series of tender offers and the winding up of the company, as follows: SVG Capital's board says that it believes the sale of the entire investment portfolio and wind down of the Company will generate superior value when compared with the final 650p a share cash offer from HarbourVest Bidco and will deliver greater certainty for shareholders when compared with the previously proposed sale of 50% of the portfolio to Pomona Capital and Pantheon Ventures.