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DGI9 Digital 9 Infrastructure News Story

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Digital 9 Infrastructure plunges to record low as Macquarie plans Arqiva stake sale

** Shares of UK-based investment trust Digital 9 Infrastructure DGI9.L down 31% at 5.4p, their lowest ever

** DGI9, a majority shareholder in Arqiva, says Macquarie to sell 26.5% stake in Arqiva for 16.5 mln pounds ($21.76 mln)

** Sale price seen well below valuation of DGI9's vendor loan note, says DGI9

** Arqiva, a provider of national terrestrial TV and radio broadcasting infrastructure in the UK, accounts for ~75% of DGI9’s adjusted gross asset value, as of June 30

** DGI9, mandated to execute managed wind-down, says selling its Arqiva stake now will be "premature" given unresolved contractual and financing issues

** Including session's moves, shares down ~70% YTD

($1 = 0.7582 pounds)

(Reporting by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com))

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