http://www.nds.com/press_releases/Premiere_150408.html
Quote:
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Originally Posted by NDS
During the coming months Premiere and NDS will be working closely to smoothly migrate the operator’s satellite platforms and set-top box (STB) population to VideoGuard, the world’s leading conditional access (CA) system which now protects over 82.7 million active devices worldwide. As part of this process, smart cards currently deployed will be replaced and VideoGuard software will be downloaded to existing STBs. New STBs will be equipped with VideoGuard. Premiere will deploy NDS’ leading edge security technology to its subscribers seamlessly, with no interruption to reception of programming.
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I assume that's wrapping Nagra around NDS, so it may be possible with just a card swap-out.
Premiere currently use Nagra albeit version 2 and I suspect their receivers will be more flexible than Virgin's ageing range but you never know.