The latest update is out from Digital 9 Infrastructure Plc ( (GB:DGI9) ).
Digital 9 Infrastructure Plc announced its audited results for 2024, highlighting significant changes including a new board and investment manager, InfraRed Capital Partners, to manage the company’s wind-down. The company has made progress in divesting assets like EMIC-1 and Aqua Comms, with a focus on returning capital to shareholders and optimizing portfolio value. Despite a decline in NAV due to valuation adjustments, the company aims to maximize shareholder value through strategic divestments and refinancing efforts. The company is also working on maximizing the value of its largest asset, Arqiva, ahead of key broadcasting contract renewals expected in 2027.
More about Digital 9 Infrastructure Plc
Digital 9 Infrastructure Plc operates within the infrastructure sector, focusing on digital infrastructure investments. The company is involved in managing and divesting assets such as data centers and telecommunications networks, with a market focus on maximizing shareholder value through strategic asset sales.
YTD Price Performance: -55.56%
Average Trading Volume: 2,891,107
Technical Sentiment Signal: Buy
Learn more about DGI9 stock on TipRanks’ Stock Analysis page.