Digital 9 Infrastructure shares fall on delayed Verne sale
8th Feb 2024 12:08
(Alliance News) - Digital 9 Infrastructure PLC shares fell on Thursday, after it said the sale of Verne Group will be delayed. Read More
(Alliance News) - Digital 9 Infrastructure PLC shares fell on Thursday, after it said the sale of Verne Group will be delayed. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - THE FTSE 100 in London opened slightly higher on Thursday, with earnings from British American Tobacco and Unilever boosting the index. Read More
(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data. Read More
(Alliance News) - Stock prices in London were mixed going into Monday afternoon, ahead of a busy week of interest rate decisions and economic data. Read More
(Alliance News) - Digital 9 Infrastructure PLC on Monday said it plans to put forward a proposal for a managed wind-down of the company. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
Digital 9 Infrastructure PLC - invests in internet infrastructure, such as data centres and subsea fibre - Triple Point Investment Manager LLP, the investment manager of Digital 9, buys 300,000 shares at average 31.65 pence, worth GBP94,950, on Thursday. Triple Point had bought 600,000 shares on Tuesday. It now has 3.2 million Digital 9 shares, a 0.4% stake. Digital 9 on Monday launched a strategic review after announcing the sale of its stake in the Verne Group for up to USD575 million. Read More
(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, December 18, after completing its quarterly review. Read More
Digital 9 Infrastructure PLC - invests in internet infrastructure, such as data centres and subsea fibre - Triple Point Investment Manager LLP, the investment manager of Digital 9, buys 600,000 shares at average 39.42 pence, worth GBP236,520, on Tuesday. Triple Point now has 2.9 million Digital 9 shares, a 0.3% stake. Read More
(Alliance News) - Stock prices in Europe were lower on Tuesday afternoon, as sentiment continues to to-and-fro between risk-on and risk-off, with remarks from central bankers in focus. Read More
(Alliance News) - Digital 9 Infrastructure PLC on Monday said it was launching a strategic review after announcing the sale of its stake in the Verne Group for up to USD575 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading. Read More
(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price. Read More
Digital 9 Infrastructure PLC - invests in infrastructure of internet, including subsea and terrestrial fibre, data centres, and wireless networks - Says the board is considering divesting its entire stake in the Verne Global Ltd group of companies, following a shareholder consultation looking to maximise value for its shareholders. Says it has received indicative offers from interested parties to syndicate a majority stake in Verne Global to an unnamed "strategic capital partner", with executed terms expected to be announced in the fourth quarter of 2023. Says compared with the syndication, the board believes the proposed transaction would enable the company to "accelerate its balance sheet deleveraging, deliver the cash resources necessary for the company and group to strengthen their position, and further maximise shareholder value". Says it will provide a further update in "due course". Read More
(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Friday, as investors wait for a key US inflation reading. Read More