Brief: Digital 9 Infrastructure Says To Implement Managed Wind-Down By Pursuing Assets Disposal Of Co

Digital 9 Infrastructure

28/02/2024 07:55

Feb 28 (Reuters) - Digital 9 Infrastructure PLC
 DGI9.L :
    * DIGITAL 9 INFRASTR.  - PROPOSED INVESTMENT POLICY CHANGE &
NOTICE OF GM
    * DIGITAL 9 INFRASTRUCTURE PLC - DECIDED TO PUT FORWARD
DETAILS
FOR IMPLEMENTATION OF A MANAGED WIND-DOWN OF COMPANY
    * DIGITAL 9 INFRASTRUCTURE PLC - BOARD PROPOSES TO IMPLEMENT
MANAGED WIND-DOWN BY PURSUING A DISPOSAL PROCESS FOR ASSETS OF
COMPANY
    * DIGITAL 9 INFRASTRUCTURE- INTENDS TO COMMENCE SALE
PREPARATIONS
FOR EACH OF CO'S WHOLLY-OWNED ASSETS IMMEDIATELY FOLLOWING
PASSING OF RESOLUTION AT GM
    * DIGITAL 9 INFRASTRUCTURE PLC - BELIEVES MAXIMISATION OF
VALUE OF
COMPANY'S STAKE IN ARQIVA IS LIKELY TO TAKE LONGER TO REALISE
THAN OTHER INVESTMENTS
    * DIGITAL 9 INFRASTRUCTURE PLC -  PROPOSING CO WILL BE
MANAGED,
EITHER BY A THIRD PARTY INVESTMENT MANAGER OR INTERNALLY BY
COMPANY'S BOARD OF DIRECTORS
    * DIGITAL 9 INFRASTRUCTURE PLC -  PROPOSING ASSETS OF
COMPANY WILL
BE REALISED IN AN ORDERLY MANNER, RETURNING CASH TO SHAREHOLDERS

Source text for Eikon:  ID:nRSb6970Ea 
Further company coverage:  DGI9.L 

 (Reuters.Briefs@thomsonreuters.com)