REG - Cordiant Digital Inf - Update on CRA Acquisitions

Cordiant Digital InfrastructureAnnouncement

08/01/2024 07:00

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RNS Number : 8470Y  Cordiant Digital Infrastructure Ltd  08 January 2024

8 January 2024

LEI: 213800T8RBBWZQ7FTF84

 

Cordiant Digital Infrastructure Limited

Update on CRA acquisitions

 

Cordiant Digital Infrastructure Limited (the "Company" or "CORD"), an
operationally-focused, specialist digital infrastructure investor, is pleased
to announce that, following the Company's announcement on 20 December 2023,
its Czech portfolio company, České Radiokomunikace a.s. ("CRA") has
completed the acquisition of the cloud services and data centre businesses,
Cloud4com and DC Lužice from Aricoma a.s.

The Company is also pleased to announce the signing of CRA's acquisition of
Prague Digital TV s.r.o. for a nominal sum. The acquisition brings with it
valuable broadcasting spectrum and doubles CRA's current television broadcast
capacity in the Prague region. It provides additional space for the further
development and roll out of innovative TV services.

Analyst and shareholder calls

The Investment Manager will host remote presentations on Wednesday 10 January
for analysts at 11.00 a.m. GMT and for shareholders at 12.00 p.m. GMT. For
those wishing to log in to either call, please contact Ali AlQahtani at
Celicourt via CDI@celicourt.uk.

 

 

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

 Celicourt                                                                                                                          +44 (0)20 7770 6424

 PR Adviser

Philip Dennis / Felicity Winkles / Ali AlQahtani

 Aztec                                                                                                                              +44 (0) 1481 749700

 Company Secretary and Administrator

Chris Copperwaite / Laura Dunning

 

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 and
telecommunication and broadcast towers in Europe and North America. Further
details about the Company can be found on its website at
www.cordiantdigitaltrust.com.

In total, the Company has successfully raised £795 million in equity, along
with a further €200m through a Eurobond with four European institutions;
deploying the proceeds into four acquisitions: CRA, Hudson Interxchange,
Emitel and Speed Fibre, 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 ("Cordiant") 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. In addition, Cordiant 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, our sector investment teams (combining seasoned
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,
a broadcast network, data centres, a fibre network and Internet of Things
networks serving utilities. The company has a history of offering superior
customer service, increasingly through integrated solutions spanning the
spectrum of digital infrastructure.

About Cloud4com and DC Lužice

Cloud4com is a leading cloud services provider in the Czech Republic,
providing private cloud and associated services for enterprise customers.
These cloud services are enabled by VMWare and by Virtix, a software platform
developed in-house by Cloud4Com. For the financial year ending 31 December
2023, Cloud4com is expected to generate revenue of CZK 155 million (£5.5
million) and EBITDA of CZK 44.6 million (£1.6 million), both unaudited.

DC Lužice is a Tier III data centre facility strategically located in the
"digital Danube" triangle, that is centred on Brno-Vienna-Bratislava. The
facility, which is owned and has 85 racks, is currently 32% utilised, newly
renovated and located in a highly secure private site.

About Prague Digital TV

Prague Digital TV has long been active on the regional television broadcasting
market, covering all of Prague and 41% of the Central Bohemia region. It
broadcasts in the advanced DVB-T2 standard over Regional Network 4.

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