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Digital 9 Agrees £10m Verne Earn-Out Settlement, Plans April Share Redemption

Story Highlights
  • Digital 9 settles Verne Global earn-out for £10 million after concluding original EBITDA-linked structure was unlikely to pay.
  • Settlement proceeds and prior disposals will fund a late-April compulsory share redemption of about 3.5 pence per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digital 9 Agrees £10m Verne Earn-Out Settlement, Plans April Share Redemption

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The latest announcement is out from Digital 9 Infrastructure Plc ( (GB:DGI9) ).

Digital 9 Infrastructure has agreed a £10 million cash settlement of the earn-out linked to its 2024 sale of data-centre operator Verne Global to Ardian, replacing a previously nil-valued contingent payment that was dependent on Verne hitting 2026 EBITDA targets. Following detailed due diligence, the board judged the original earn-out as highly unlikely to pay out, citing reduced capacity at Verne’s Keflavík site due to local power constraints that limited new contracting within the earn-out perimeter.

The settlement crystallises value for Digital 9 and allows Ardian-backed Verne to release capital previously reserved against the maximum earn-out, supporting its next growth phase. Combined with proceeds from earlier disposals, the £10 million inflow is expected to fund a compulsory redemption of Digital 9’s ordinary shares in late April 2026, returning roughly 3.5 pence per share to investors as part of the trust’s broader wind-down strategy.

The most recent analyst rating on (GB:DGI9) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Digital 9 Infrastructure Plc stock, see the GB:DGI9 Stock Forecast page.

Spark’s Take on DGI9 Stock

According to Spark, TipRanks’ AI Analyst, DGI9 is a Neutral.

The score is driven primarily by weak financial performance, including large recent losses, negative revenue, shrinking equity, and unstable cash flow. Technical signals also lean bearish with price below key moving averages and a negative MACD. Valuation is neutral due to missing P/E and dividend yield data.

To see Spark’s full report on DGI9 stock, click here.

More about Digital 9 Infrastructure Plc

Digital 9 Infrastructure plc is a London-listed investment trust in the FTSE All-Share index, focused on digital infrastructure assets. The company is currently in a Managed Wind-Down, overseen by investment manager InfraRed Capital Partners, with the objective of realising its remaining portfolio in an orderly manner and returning cash to shareholders.

Average Trading Volume: 1,948,286

Technical Sentiment Signal: Strong Sell

See more insights into DGI9 stock on TipRanks’ Stock Analysis page.

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