Following an announcement on 8 November 2024 that its board was reviewing a range of options available for its future in advance of a continuation vote scheduled for September 2025, SVM UK Emerging (SVM) says that, after careful consideration, its board “does not believe that any of the options for the continuation of the Company provide a satisfactory and cost-effective outcome for shareholders of the Company”. The Board has therefore concluded that it is in the best interests of Shareholders as a whole to put forward proposals for the realisation of the Company’s investments in order to return cash to Shareholders and has concluded that the most effective way to achieve this is through a members’ voluntary liquidation (MVL) of the Company. SVM’s Board expects to issue a circular shortly which will include details of these proposals, which will require shareholders approval at a general meeting. A further announcement confirming the publication of the Circular and the convening of the general meeting will be made in due course.