UK's Digital 9 Infrastructure rises on proposal to wind down

Digital 9 Infrastructure

29/01/2024 08:35

** Shares of Digital 9 Infrastructure  DGI9.L  up 10.2% at
27.2p, top pct gainer on London's smallcaps  .FTSC 
    ** Investment trust says it would be in best interests of
shareholders as whole for a managed wind-down
    ** Co says it intends to immediately commence sale
preparations for wholly-owned assets
    ** Adds board could reconsider listing status of co
following completion of wind-down
    ** Stock on track for best day of gains since late-Oct 2023
    ** Shares lost over 65% of value in 2023

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))