(Alliance News) - Cordiant Digital Infrastructure Ltd on Wednesday hailed growing demand for digital infrastructure as it declared a higher dividend and net asset value growth. Read More
(Alliance News) - Cordiant Digital Infrastructure Ltd on Friday said it will buy data centres in Belgium to boost its opportunity to create a "market leading" retail and wholesale data centre business. Read More
(Alliance News) - Cordiant Digital Infrastructure Ltd on Thursday said trading "remains strong" across its portfolio, although it is "greatly disappointed" by the gap between its shares and net asset value. Read More
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 average 76.6 pence, worth GBP766,000, on Wednesday. Marshall now has 10.5 million shares. Marshall had bought 440,919 shares during July and August. Directors of the company and its investment manager, Cordiant Capital Inc, now have a 1.8% stake. Read More
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 440,919 shares at average 74.56 pence, worth GBP328,749, during July and August. Marshall now has 9.5 million shares. Directors of the company and its investment manager, Cordiant Capital Inc, now have a 1.7% stake. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Cordiant Digital Infrastructure Ltd - investor in data centres, telecommunications towers, and fibre networks in the UK, Europe and North America - Signs new EUR200 million eurobond facility, which will refinance the existing EUR200 million eurobond signed by the company's indirect subsidiary Cordiant Digital Holdings Two Ltd in June 2022. The refinancing provides greater certainty and flexibility for the group by extending the maturity of the holding company's level term debt from September 2026 to July 2029. Further, agrees to make full repayment of the circa EUR30 million vendor loan note issued as part of the acquisition of Speed Fibre, which completed in October 2023. As part of the refinancing, the company has also arranged additional complementary undrawn credit facilities totalling EUR175 million, split between a growth capex facility of EUR105 million and a multi-currency revolving credit facility of EUR70 million. Read More
(Alliance News) - Cordiant Digital Infrastructure Ltd on Thursday said demand for digital infrastructure continues to be sound as it reported net asset value growth. Read More
(Alliance News) - Cordiant Digital Infrastructure Ltd on Thursday reported a boost from contract wins as it gave an upbeat trading update. Read More
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. Read More
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. Read More
(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. Read More
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." Read More