Digital 9 Infrastructure PLC

DGI9

JE00BMDKH437

Investment Trusts

Delayed London S.E. Other stock markets 13:05:15 15/05/2024 BST			5-day change	1st Jan Change
23.65 ^GBX	+4.17%		+7.98%	-20.51%

05-08	Digital 9 Infrastructure Hires New Nonexecutive Chair	MT
05-08	Digital 9 Infrastructure plc Appoints Eric Sanderson as Independent Non-Executive Chair	CI

Digital 9 completes sale of Verne for around GBP450 million

March 15, 2024 at 08:32 pm

Digital 9 Infrastructure PLC - London-based investor in internet infrastructure, such as data centres and subsea fibre - Completes the sale of its entire stake in the Verne Global group of companies to funds managed or advised by Ardian France SA for up to USD575 million, around GBP450 million. This is in line with previous statements.

Current stock price: 22.65 pence, down 3.6% in London on Friday

12-month change: down 70%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Digital 9 Infrastructure PLC

Digital 9 Infrastructure Hires New Nonexecutive Chair	05-08	MT
Digital 9 Infrastructure plc Appoints Eric Sanderson as Independent Non-Executive Chair	05-08	CI
EARNINGS: Avacta sales jump; Poolbeg loss narrows; Digital 9 NAV down	04-30	AN
Transcript : Digital 9 Infrastructure PLC, 2023 Earnings Call, Apr 30, 2024	04-30
Earnings Flash (DGI9.L) DIGITAL 9 INFRASTRUCTURE Reports FY23 Loss GBX-27.43	04-30	MT
Digital 9 Infrastructure PLC Announces Board Changes	04-30	CI
Smarttech247 inks USD2.1 million contract	04-29	AN
Oxford BioMedica bullish; Petrofac slumps	04-29	AN
EARNINGS AND TRADING: Michelmersh profit up; Journeo wins bus deal	03-26	AN
Digital 9 Infrastructure PLC Announces Executive Changes	03-25	CI
Digital 9 Infrastructure PLC Completes Previously Announced £273.5 Million Repayment and Partial Cancellation of the Revolving Credit Facility	03-25	CI
Digital 9 completes sale of Verne for around GBP450 million	03-15	AN
Digital 9 Infrastructure Finalizes Verne Global Sale	03-15	MT
Pound up after UK budget; Powell does not perturb	03-06	AN
Digital 9 Infrastructure Nears Completion of Verne Global Sale With Icelandic Regulatory Approval	03-06	MT
Stocks climb ahead of UK spring budget	03-06	AN
Digital 9 shares jump on Iceland approval for Verne sale	03-06	AN
Digital 9 up on approval for Verne sale	03-06	AN
Stocks up with all eyes on UK Spring budget	03-06	AN
Digital 9 Infrastructure Wins Finnish Regulatory Approval for Verne Global Sale	03-05	MT
EARNINGS AND TRADING: Impairment charge pushes Quartix into the red	03-04	AN
Digital 9 Infrastructure Gets Lender Approval for Sale of Verne Global	03-04	MT
PensionBee shares up on US expansion	03-04	AN
Digital 9 Infrastructure calls meeting to approve wind-down	02-28	AN
Digital 9 portfolio company Verne increases loan facility	02-15	AN

Chart Digital 9 Infrastructure PLC

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Company Profile

Digital 9 Infrastructure plc is a United Kingdom-based investment trust. The Company invests in critical digital infrastructure assets that facilitate global data transfer. The assets it invests in comprises of subsea and terrestrial fiber, data centers and wireless networks. Its portfolio consists of Aqua Comms, Elio Networks, SeaEdge UK1, and Arqiva. Aqua Comms is a carrier-neutral owner and operator of subsea fiber systems. Elio Networks owns and operates licensed microwave-based Fixed Wireless Access (FWA) network in metropolitan Dublin. It provides wireless broadband to approximately 1,600 customers, including multinational corporates, government bodies and technology companies. SeaEdge UK1 is data center asset and subsea fiber landing station. Arqiva is the sole provider of national terrestrial TV and radio broadcasting infrastructure in the United Kingdom. The Company's Investment Manager is Triple Point Investment Management LLP.

Sector

Investment Trusts

Calendar

01/09/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.227 GBP

Average target price

0.5 GBP

Spread / Average Target

+120.26%

Consensus

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