Cordiant Digit. Share News (CORD)

Cordiant Digital hails cost control as portfolio performs well

(Alliance News) - Cordiant Digital Infrastructure Ltd on Thursday reported a boost from contract wins as it gave an upbeat trading update.

IN BRIEF: Cordiant Digital Infrastructure founder buys million shares

Cordiant Digital Infrastructure Ltd - invests in data centres, telecommunications towers, and fibre networks in the UK, Europe and North America - Chair & Co-Founder Steven Marshall buys 1.0 million shares at 73.0 pence, worth GBP730,000, on Tuesday. Now has 7.9 million shares, around a 1% stake.

IN BRIEF: Cordiant Digital completes EUR6 million Norkring Belgie buy

Cordiant Digital Infrastructure Ltd - invests in digital infrastructure assets - Confirms it has completed the acquisition of Norkring Belgie NV for EUR6.2 million from shareholders Telenor Communication II AS and Participatiemaatschappij Vlaanderen NV. Norkring operates 25 communication and broadcast towers in Belgium. The acquisition was announced back in November. It completed after receiving Belgian foreign direct investment approval.

Cordiant Digital portfolio company completes purchase of two firms

(Alliance News) - Cordiant Digital Infrastructure Ltd on Monday said its Czech portfolio company Ceske Radiokomunikace AS has completed its acquisition of cloud services and data centre businesses, Cloud4com and DC Luzice.

IN BRIEF: Cordiant Digital notes portfolio company buys two firms

Cordiant Digital Infrastructure Ltd - investment firm focused on digital infrastructure assets - Notes that Czech portfolio company Ceske Radiokomunikace AS agrees to buy a pair of businesses from Aricoma AS in the data centre and cloud services market, Cloud4com and DC Luzice. The transactions are expected to close in early January. Cloud4com is being bought for CZK870 million, around GBP30.5 million, with a further amount payable of up to CZK485 million, depending on Cloud4com's earnings before interest, tax, depreciation and amortisation for 2024. It is expected to generate CZK155 million in revenue for 2023. Ceske buys DC Luzice for around CZK130 million. Cordiant Chair Steven Marshall says: "We are delighted to have agreed to acquire these attractive data centre assets, which are being funded by organic cash flow at CRA. These transactions are highly complementary to CRA's existing data centre and cloud businesses, enhancing CRA's market leading position in its respective areas of operations and further demonstrating our active management approach through our 'Buy, Build and Grow' strategy."

LONDON BROKER RATINGS: JPMorgan raises Rio Tinto to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Cordiant Digital net assets dip; maintains positive outlook

(Alliance News) - Cordiant Digital Infrastructure Ltd on Wednesday reported a slight decrease in its net asset value but said it is looking towards the rest of the financial year confidently due to a strong portfolio.

UK earnings, trading statements calendar - next 7 days

Cordiant Digital wins nationwide tender for Polskie Radio

(Sharecast News) - Digital infrastructure investor Cordiant Digital Infrastructure revealed on Wednesday that its Polish portfolio company has won a nationwide tender to extend digital broadcast coverage to 17 regional radio stations for Polskie Radio.

LONDON BROKER RATINGS: JPMorgan lifts Smith & Nephew

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON BRIEFING: Currys sells Greece and Cyprus arm; Wickes sales fall

(Alliance News) - London's FTSE 100 is called to open higher on Friday, following a positive handover from Asia, putting it on track for its strongest weekly gain since mid-September.

IN BRIEF: Cordiant Digital Infrastructure buys Norkring Belgie

Cordiant Digital Infrastructure Ltd - Digital infrastructure investor - Agrees to buy Belgian operator of communication and broadcast towers, Norkring Belgie NV, from shareholders Telenor Communication II AS and Participatiemaatschappij Vlaanderen NV for EUR5.3 million. Chair Steven Marshall says: "This acquisition represents an opportunity to acquire assets and an experienced team that offers a quality near-term income proposition, provides a platform for further asset diversification in Western Europe and comes with technology and know-how that have the potential to benefit the development of CORD's other portfolio companies."

IN BRIEF: Cordiant Digital chair & co-founder buys GBP688,00 in shares

Cordiant Digital Infrastructure Ltd - Digital infrastructure investor - Chair & Co-Founder Steven Marshall, buys 1.1 million shares at 61.0 pence each. The shares are worth GBP688,054, and were bought in London. Marshall is now interested in 6.9 million shares, a 1.2% stake.

Cordiant Digital completes EUR97.2 million Speed Fibre acquisition

(Alliance News) - Cordiant Digital Infrastructure Ltd on Thursday said it completed the acquisition of Speed Fibre DAC for EUR97.2 million.

IN BRIEF: Cordiant Digital's Speed Fibre takeover gets UK green light

Cordiant Digital Infrastructure Ltd - Digital infrastructure investor - Says its acquisition of Speed Fibre DAC has been cleared under the United Kingdom's National Security and Investment Act 2021. This clearance was required because an element of Speed Fibre's network extends into Northern Ireland. The transaction is now expected to close later this month.