REG - Cordiant Digital Inf - CRA New Business Update

Cordiant Digital InfrastructureAnnouncement

Tue 07:00

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RNS Number : 0353K  Cordiant Digital Infrastructure Ltd  27 May 2025

LEI: 213800T8RBBWZQ7FTF84

 

27 May 2025

 

CORDIANT DIGITAL INFRASTRUCTURE LIMITED

 

CRA NEW BUSINESS UPDATE

 

Cordiant Digital Infrastructure Limited (the "Company"), the operationally
focused, specialist digital infrastructure investor, managed by Cordiant
Capital Inc, is pleased to announce that its Czech portfolio company, CRA,
continues to successfully expand and commercialise its DAB+ 1  (#_ftn1)
network with the launch of a further six commercial radio stations with Active
Radio and Londa, which have combined weekly listeners of over 5 million. These
DAB+ radio stations, similar to the other stations on the network, have been
launched under long-term contracts.

 

CRA's commercial DAB+ network ("DAB B") now broadcasts from 31 transmitters,
reaching 83.4% of the Czech population and, with the recent launch of
additional radio stations, is now at 73% capacity. This extensive coverage
aims to ensure that listeners across the country can enjoy high-quality
digital radio. With the addition of these major commercial radio stations,
CRA's DAB B network now hosts nine digital stations, some of which have
broader coverage than FM radio, which is also provided by CRA's
infrastructure. This expansion reflects the growing popularity and demand for
digital radio.

 

CRA's DAB+ network allows for regionalised content, enabling stations to
tailor their broadcasts to specific regions. This feature is particularly
valuable for private radio stations aiming for effective targeting of their
advertising campaigns. Demand for the technology is strong as DAB+ radio is
now standard in new vehicles sold in the EU, primarily due to the European
Electronic Communications Code (EECC), which requires all new car radios to be
capable of receiving digital terrestrial radio.

 

Miloš Mastník, CEO of CRA, said: "We are very pleased that more major
commercial radio stations are entering DAB+ broadcasting. We are actively
supporting DAB+ broadcasting and are seeing the benefits of this coming
through, with eight out of the top ten radio stations (public and commercial)
broadcasting on our DAB+ network."

 

Steven Marshall, executive chairman of Cordiant Digital Infrastructure
Management, said "This latest expansion further demonstrates the success and
popularity of digital radio among listeners and broadcasters alike, and we
expect to earn incremental revenues from these new radio stations, further
validating our Buy, Build & Grow approach to investing."

 

In addition, the Company is pleased to highlight that CRA has enjoyed further
success in its data centre and cloud business, selling additional capacity at
its newest edge data centre in Cukrák, outside Prague, to Boosteroid, the
world's largest independent cloud gaming provider, strengthening an important
relationship with a growing customer. Due to strong market demand, CRA is
accelerating its 1.3MW expansion of DC10 at one of the company's broadcast
towers in the Prague Žižkov district and is about to commence site clearance
and preparatory ground works for its state-of-the-art flagship 26MW data
centre project in Zbraslav, now named "Prague Gateway".

 

 

For further information, please visit www.cordiantdigitaltrust.com
(http://www.cordiantdigitaltrust.com/) or contact:

 

 Cordiant Capital, Inc.                               +44 (0) 20 7201 7546

 Investment Manager

 Stephen Foss, Managing Director

 Aztec Financial Services (Guernsey) Limited          +44 (0) 1481 74 9700

 Company Secretary and Administrator

 Chris Copperwaite / Laura Dunning

 Celicourt                                            +44 (0)20 770 6424

 Public Relations Advisor

 Philip Dennis/Ali AlQahtani/Charles Denley-Myerson

 

 

Notes to Editors:

 

About the Company

 

Cordiant Digital Infrastructure Limited primarily invests in the core
infrastructure of the digital economy: data centres; fibre-optic networks;
telecommunications and broadcast towers - in Europe and North America. Further
details about the Company can be found on its website at
www.cordiantdigitaltrust.com.

 

The Company is a sector-focused specialist owner and operator of digital
infrastructure, listed on the London Stock Exchange under the ticker CORD. In
total, the Company has successfully raised £795 million in equity, along with
a €375 million debt package comprising a €200 million Eurobond and €175
million of committed capex and revolving facilities, deploying capital into
six acquisitions: CRA, Hudson Interxchange, Emitel, Speed Fibre, Belgian Tower
Company and Datacenter United, which together offer stable, often index-linked
income, and the opportunity for growth, in line with the Company's Buy, Build
& Grow model.

 

About the Investment Manager

 

Cordiant Capital Inc is a specialist global infrastructure and real assets
manager with a sector-led approach to providing growth capital solutions to
promising mid-sized companies in Europe, North America and selected global
markets. Since the firm's relaunch in 2016, Cordiant, a partner-owned and
partner-run firm, has developed a track record of exceeding mandated
investment targets for its clients.

 

Cordiant focuses on the next generation of infrastructure and real assets:
sectors (digital infrastructure, energy transition infrastructure and the
agriculture value chain) characterised by growth tailwinds and technological
dynamism. It also applies a strong sustainability and ESG overlay to its
investment activities.

 

With a mix of managed funds offering both value-add and core strategies in
equity and direct lending, Cordiant's sector investment teams (combining
experienced industry executives with traditional private capital investors)
work with investee companies to develop innovative, tailored financing
solutions backed by a comprehensive understanding of the sector and
demonstrated operating capabilities. In this way, Cordiant aims to provide
value to investors seeking to complement existing infrastructure equity and
infrastructure debt allocations.

 

About CRA

 

CRA is a diversified digital infrastructure company operating mobile towers,
broadcast networks, data centres, a fibre network and internet of things
networks. The company has a history of offering superior customer service,
increasingly through integrated solutions spanning the spectrum of digital
infrastructure. CRA has its own optical backbone network and, due to its
strong broadcasting infrastructure, also offers customers wireless solutions
or connections to nearby locations using optical fibre.

 1  (#_ftnref1) DAB+ is the latest technology for digital audio broadcasting.

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