Completion of Ficolo Acquisition

RNS Number : 7674R

Digital 9 Infrastructure PLC

08 July 2022

 

8 July 2022

DIGITAL 9 INFRASTRUCTURE PLC

("DGI9", the "Company" or, together with its subsidiaries, the "Group" )

Completion of Ficolo Acquisition

Digital 9 Infrastructure plc (ticker: DGI9), a leading investor in the infrastructure of the internet, notes the announcement on 7 July 2022 by Taaleri plc, one of the vendors of Ficolo Oy ("Ficolo"), confirming that Finland's Ministry of Economic Affairs and Employment has approved the sale of Ficolo to the Group.

The Company is pleased to confirm that, as a result of the regulatory approval, the acquisition of Ficolo (which was first announced on 25 April 2022) will now proceed to completion, expected to be on 14 July 2022.

ENDS.

CONTACT DETAILS

Triple Point Investment Management LLP (Investment Manager) Thor Johnsen Andre Karihaloo	[phone]
J.P. Morgan Cazenove (Corporate Broker) William Simmonds Jérémie Birnbaum	[phone]
Akur Capital (Financial Adviser) Tom Frost Anthony Richardson Siobhan Sergeant	[phone]
FTI Consulting LLP (Communications Adviser) Mitch Barltrop Ed Berry Gina Magnin [e-mail]	[phone] [phone] [phone]

LEI: 213800OQLX64UNS38U92

NOTES TO EDITORS:

Digital 9 Infrastructure plc (DGI9) is an investment trust listed on the London Stock Exchange with ticker DGI9. The Company invests in the infrastructure of the internet that underpins the world's digital economy: digital infrastructure.

The number 9 in Digital 9 Infrastructure comes from the UN Sustainable Development Goal 9, which focuses the fund on investments that increase connectivity globally and improve the sustainability of digital infrastructure. The assets DGI9 invest in typically comprise scalable platforms and technologies including (but not limited to) subsea fibre, data centres, terrestrial fibre, and wireless networks.

From its IPO in March 2021 and subsequent capital raises, DGI9 has raised total equity of £905 million and a revolving credit facility of £300 million, committed or invested into the following data centres, subsea fibre and wireless networks:

· Aqua Comms , a leading owner and operator of 20,000km of the most modern subsea fibre systems - the backbone of the internet - with a customer base comprising global tech and global telecommunications carriers (April 2021);

· Verne Global , the leading Icelandic data centre platform, with 40MW of high intensity computing solutions in operation or development, powered by 100% baseload renewable power (September 2021);

· EMIC-1 , a partnership with Meta on a 10,000km fibre system from Europe to India (July 2021);

· SeaEdge UK1 , a data centre and landing station for the North Sea Connect subsea cable, part of the North Atlantic Loop subsea network, improving connectivity between the UK, Ireland, Scandinavia and North America (December 2021);

· Host Ireland , a leading enterprise broadband provider that owns and operates Fixed Wireless Access networks (April 2022);

· Volta , a premier data centre based in central London, providing 6MW retail co-location services (April 2022) ;

· Ficolo , a leading Finnish data centre and cloud infrastructure platform, with c.23MW of data centre capacity, powered by 100% renewable power and distributing surplus heat to district heating networks (announced April 2022) ; and

· Arqiva , the only national terrestrial television and radio broadcasting network in the United Kingdom - providing data, network and communications services, as well as a national IoT connectivity platform (announced June 2022).

The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority, with extensive experience in infrastructure, real estate and private credit, while keeping ESG principles central to its business mission. Triple Point's Digital Infrastructure team has over US$ 300 billion in digital infrastructure transaction experience and in-depth relationships across global tech and global telecoms companies. For more information, please visit www.triplepoint.co.uk .

The Company's Ordinary Shares were admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 31 March 2021.

For more information, please visit  www.d9infrastructure.com .

 

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