Digital 9 Infrastructure raises £275m in oversubscribed issue

Issue was upscaled by £75m following investor demand

clock • 2 min read

Digital 9 Infrastructure has raised £275m following the results of its placing programme which was significantly over-subscribed.

The investment firm which invests in a range of digital infrastructure assets raised £275m through the issue of 255.8m shares at 107.5p per share. The issue price represents a 4.0% premium to the NAV as of 30 June and an 8.7% discount to the pre-announcement closing share price of 117.8p. Directors including Jack Waters, Keith Mansfield and Lisa Harrington have subscribed for over 57.2k new shares, whilst members of the investment manager's team, Thor Johnsen and Andre Karihaloo have subscribed for 209.3k new shares Net gains to be had: Investing in digital infrastructure for our conn...

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