Digital 9 Infrastructure PLC - London-based digital infrastructure investor - Raises GBP95.2 million through the placing of 88.1 million shares at a price of 108.0 pence each. The proceeds from the placing will go towards the acquisition of further assets.
"The company continues to make significant progress in building a diversified portfolio of Digital Infrastructure assets with sustainability at their core, whether the environmental credentials of the Verne Global data centre platform or the increase in connectivity provided by Aqua Comms and the new EMIC-1 subsea cable. We very much appreciate the continued support of our shareholders and new investors, particularly in the current volatile market, and look forward to reporting on the deployment of these funds, together with our anticipated debt funding, in due course," says Chair Jack Waters.
Current stock price: 108.00 pence
12-month change: up 8.5% since March 31, 2021
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Digital 9 (DGI9)