Digital 9 Infrastructure raises £95m to scale assets

Fundraise follows IPO in March

clock • 1 min read

Closed-ended digital infrastructure specialist, Digital 9, has raised £95.2m in its latest fundraising round to acquire new assets.

The funds were raised via the issuance of 88,148,880 new shares at 108.0p per share and will be used to scale the firm's digital infrastructure investment agenda. According to Digital 9, its investment objective is to invest in a range of assets that contribute to a reliable functioning internet. This involves investing in future proofed, non-legacy, scalable technologies and platforms, including data centres, tower infrastructure, subsea fibre, terrestrial fibre, and cell networks such as 5G. Dealings in the new shares is expected to commence tomorrow (28 January). After admission, t...

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