REG - Digital 9 Infrastr. - Change of Senior Independent Director

Digital 9 InfrastructureAnnouncement

13/02/2023 07:00

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RNS Number : 6473P  Digital 9 Infrastructure PLC  13 February 2023

13 February 2023

 

DIGITAL 9 INFRASTRUCTURE PLC

("D9", the "Company" or, together with its subsidiaries, the "Group")

 

CHANGE OF SENIOR INDEPENDENT DIRECTOR

 

The Board of Directors of Digital 9 Infrastructure plc, a leading investor in
the infrastructure of the internet, is pleased to announce that Lisa
Harrington will succeed Keith Mansfield as Senior Independent Director of the
Board with immediate effect. Keith Mansfield will remain a Non-Executive
Director and the Chair of the Audit Committee of the Board.

Lisa joined the Board as a Non-Executive Director of the Company at IPO, and
is a member of the Audit and Management Engagement Committees and Chair of the
Nomination Committee. Lisa will bring extensive industry experience to the
role gained from senior executive and non-executive roles, including at
British Telecom ("BT") in 2007, where she spent 10 years in a range of
leadership positions with her final role as Chief Customer Officer BT Group,
reporting to the CEO. In 2021, Lisa also held the interim Managing Director
role at Hyperoptic Ltd, a private equity backed fibre alternative network.
Lisa is currently a Non-Executive Director of Post Office Ltd and Truespeed
Communications Ltd and has previously held non-executive posts on the boards
of Southern Water, West London NHS Mental Trust and Calisen plc (FTSE250).

The Board is supportive of the FCA's diversity targets set out within Listing
Rule 9.8.6(9) which is effective for financial accounting periods starting
from 1 April 2022. Following a review of the roles undertaken by the
individual Directors, the Board has elected to change its Senior Independent
Director as part of its commitment to meeting these targets.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

 

 Triple Point Investment Management LLP (Investment Manager)    +44 (0)20 7201 8989
 Ben Beaton / Arnaud Jaguin
 J.P. Morgan Cazenove (Corporate Broker)                        +44 (0)207 742 4000
 William Simmonds / Jérémie Birnbaum (Corporate Finance)
 James Bouverat / Liam MacDonald-Raggett (Sales)
 Akur Capital (Financial Adviser)                               +44 (0)207 493 3631
 Tom Frost / Anthony Richardson / Siobhan Sergeant
 FTI Consulting (Communications Adviser)
 Ed Berry                                                       +44 (0)7703 330 199
 Mitch Barltrop                                                 +44 (0)7807 296 032
 Maxime Lopes                                                   +44 (0)7890 896 777
                                                                dgi9@fticonsulting.com (mailto:dgi9@fticonsulting.com)

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 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 $300 billion in digital infrastructure
transaction experience and in-depth relationships across global tech and
global telecoms companies.

 

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 invests 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 £375
million, invested into the following data centres, subsea fibre, terrestrial
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);

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

·     Verne Global Finland, 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
(July 2022).

·     Giggle, a revolutionary Fibre to the Home network providing
affordable broadband to social housing in Glasgow (July 2022); and

·       Arqiva, the only UK 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
(October 2022).

 

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. It was admitted to the premium listing segment of the Official List of
the Financial Conduct Authority and migrated to trading on the premium segment
of the Main Market on 30 August 2022.  

 

For more information on the Investment Manager please visit
www.triplepoint.co.uk (http://www.triplepoint.co.uk/) . For more information,
please visit www.d9infrastructure.com (http://www.d9infrastructure.com/) .

 

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