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Cordiant Digital Infrastructure Amends Investment Management Agreement

Story Highlights
  • Cordiant Digital Infrastructure focuses on digital infrastructure investments in Europe and North America.
  • The company removed a reinvestment requirement, reflecting strong alignment with its investment manager.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cordiant Digital Infrastructure Amends Investment Management Agreement

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An announcement from Cordiant Digital Infrastructure Limited ( (GB:CORD) ) is now available.

Cordiant Digital Infrastructure Limited has amended its investment management agreement with Cordiant Capital Inc., removing the requirement for the investment manager to reinvest 10% of its annual management fee in the company’s ordinary shares. This change reflects the strong alignment between the investment manager and the company, as the manager already holds a significant portion of shares. The amendment ensures that Cordiant Capital and Mr. Marshall will maintain a minimum shareholding level, which could impact the company’s market perception and investor confidence.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £1.12 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Spark’s Take on GB:CORD Stock

According to Spark, TipRanks’ AI Analyst, GB:CORD is a Outperform.

Cordiant Digital Infrastructure Limited shows strong financial performance and technical indicators, suggesting robust growth potential. The valuation is particularly attractive due to a low P/E ratio and high dividend yield. While liquidity concerns and rising debt need attention, the positive market sentiment and strategic expansions enhance the stock’s investment appeal.

To see Spark’s full report on GB:CORD stock, click here.

More about Cordiant Digital Infrastructure Limited

Cordiant Digital Infrastructure Limited is a specialist owner and operator of digital infrastructure, primarily investing in data centres, fibre-optic networks, telecommunications, and broadcast towers across Europe and North America. The company is listed on the London Stock Exchange and has raised significant equity and debt to fund acquisitions that provide stable income and growth opportunities.

Average Trading Volume: 1,439,973

Technical Sentiment Signal: Buy

See more data about CORD stock on TipRanks’ Stock Analysis page.

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