IoT - Making what is possible a reality
8 July 22
8 July 22
Triple Point’s Digital 9 Infrastructure (DGI9) is delighted to announce that it has raised £60 million via the placing and offer for subscription of new ordinary shares in the capital of the Company.
The net proceeds will be applied, as appropriate, to the funding of expansion opportunities as well as potential future acquisitions, in combination with DGI9's £300 million Revolving Credit Facility.
"We are pleased to have the support of our existing and new shareholders, particularly given the challenging macroeconomic environment. We have built a high-quality and differentiated portfolio of businesses with predictable, and contracted cash flows with high inflation protection. Our core platforms in subsea fibre, data centre and wireless assets not only underpin our dividend (almost two times operating cash cover of our target 6 pence dividend) but provide attractive, accretive growth opportunities." Commented Phil Jordan, Chair of Digital 9 Infrastructure plc.
Potential investors should refer to the information within the Prospectus which is available via the Documents section of the website and must only subscribe for or purchase shares in Digital 9 Infrastructure plc on the basis of information contained within it. As with all investments investors capital is at risk.