30th Aug 2022 10:00
Digital 9 Infrastructure PLC - London-based digital infrastructure investor - Shares start trading on the premium segment of the main market of the London Stock Exchange on Tuesday, moving from the specialist fund segment. Companies with a premium listing are required to meet the UK's super-equivalent rules, which are higher than the EU minimum requirements for disclosure and corporate governance.
"The board believes that the company will benefit over time from the migration, with an increase of its profile as an investment company, diversification of the company's share register with access to blue-chip UK and international investors, as well as from potential FTSE index inclusion," Digital 9 explains.
"The move represents a significant milestone for Digital 9 Infrastructure that we believe will increase our profile as an investment company, unlocking further attractive investment opportunities, and resulting in a more diversified shareholder register with improved liquidity, all of which should be to the benefit of shareholders," says Chair Phil Jordan.
Current stock price: 116.26 pence, down 0.1% on Tuesday
12-month change: down 0.8%
By Tom Budszus; [email protected]
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