REG - Digital 9 Infrastr. - Directorate Changes

Digital 9 InfrastructureAnnouncement

08/05/2024 07:00

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RNS Number : 5070N  Digital 9 Infrastructure PLC  08 May 2024

8 May 2024

 

DIGITAL 9 INFRASTRUCTURE PLC

 

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

 

Directorate Changes

 

The Company is pleased to announce the appointment of Mr Eric Sanderson as
Independent Non-Executive Chair of the Company.

 

Mr Sanderson is a chartered accountant and former CEO of British Linen Bank,
which was the investment banking arm of the Bank of Scotland. He subsequently
was Chief Executive of Bank of Scotland's Treasury arm and a member of the
Bank of Scotland Management Board. He brings extensive non-executive
investment company board experience. Mr Sanderson is currently Non-Executive
Chair of JPMorgan Emerging Europe, Middle East & Africa Securities plc and
is also Non-Executive Chair of BlackRock Greater Europe Investment Trust plc.
He was formerly Non-Executive Chair of Schroders UK Mid Cap Fund plc
(2011-2021) and a director of Dunedin Enterprise Investment Trust plc
(1990-1997). He is also a former Chair of Dunedin Fund Managers Limited and
its parent company DFM Holdings Limited.

 

Mr Sanderson's appointment will be effective immediately upon receiving the
approval of the Jersey Financial Services Commission ("JFSC"), and Charlotte
Valeur will step down as Interim Chair and Independent Non-Executive Director
of the Company at that time.  Following his appointment, Mr Sanderson will
become a member of the Risk, Valuation, Nomination and Management Engagement
Committees.

 

Mr Sanderson's appointment follows an independent external recruitment process
led by the Board's Nomination Committee.  The Nomination Committee, with the
support of Mr Sanderson, is in the process of recruiting for at least one
additional Non-Executive Director to support the execution of the managed
wind-down, and a further update on this process will follow in due course. Mr
Sanderson does not hold any shares in the Company.

 

There are no other details that are required to be disclosed in respect of
Rule 9.6.13 of the Financial Conduct Authority's Listing Rules.

 

Gailina Liew, Chair of the Nomination Committee and Senior Independent
Director, Digital 9 Infrastructure plc, commented:

 

"We look forward to welcoming Eric Sanderson as a highly experienced and
respected investment trust Chair to lead the Company through its managed
wind-down process. We also take this opportunity to thank Charlotte Valeur for
her commitment to the Company since IPO and for her dedicated leadership as
Interim Chair of the Company over the past four months. As a Board we remain
committed to executing an orderly wind-down to maximise shareholder value over
time."

 

ENDS.

 

Contacts

 

   Liberum Capital Limited (Financial Adviser)   +44 (0)203 100 2000

   Chris Clarke

   Darren Vickers

   Owen Matthews
   J.P. Morgan Cazenove (Corporate Broker)       +44 (0)20 7742 4000

   William Simmonds

   Jérémie Birnbaum
   FTI Consulting (Communications Adviser)       dgi9@fticonsulting.com (mailto:dgi9@fticonsulting.com)

   Mitch Barltrop                                +44 (0) 7807 296 032

   Maxime Lopes                                  +44 (0) 7890 896 777

 

About Digital 9 Infrastructure plc

 

Digital 9 Infrastructure plc (DGI9) is an investment trust listed on the
London Stock Exchange and a constituent of the FTSE All-Share, with the 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.
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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