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IN BRIEF: Digital 9 reports asset value rise; completes acquisition

6th Sep 2021 12:18

Digital 9 Infrastructure PLC - digital infrastructure assets investor is managed by Triple Point Investment Management LLP - Reports inaugural half year results, NAV per share 103.34 pence at June 30, up 5.5% since it starts trading on the Specialist Fund Segment of London Stock Exchange main market on March 31. IPO raises GBP300 million at an issue price of 100 pence per share. Earnings per share are 9.34 pence. First-half pretax profit of GBP16.7m. Declares dividend of 1.5 pence per ordinary share in for period from admission on March 31 to June 30, targets annual dividend of 6.0 pence. Portfolio value is GBP193.2 million at June 30.

Also on Monday, buys Icelandic data centre platform in Keflavik, Verne Holdings Ltd, for GBP231m in cash. Says platform is powered by local renewable sources with 24 megawatts of constructed capacity over 40 acres. Notes identified pipeline of six data centre investments worth GBP200 million total, part of larger GBP670 million near-term investment pipeline. Completes acquisition of Icelandic data centre platform Verne Holdings Ltd.

Current stock price: 115.11 pence

Year-to-date change: up 16% since March 31

By Josie O'Brien; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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