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Speedgrade can't open premiere project

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When I try opening my Premiere Pro project in Speedgrade using "File > Direct link to adobe speedgrade..." Premiere closes, Speedgrade opens up and then I get this message "Error, this project was saved in a newer version of Adobe Premiere Pro or Adobe Speedgrade and cannot be opened in this version.

 

Now, I'm a subscriber of the Creative Cloud since two days back and as far as I can understand I have the latest versions on both applications if that is what is being provided by the cloud/suit.

What might be the problem and solution?

 

Best, Petter


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