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Digital 9 cancels over a third of shares in first compulsory redemption

Story Highlights
  • Digital 9 Infrastructure has redeemed and cancelled about 37% of its ordinary shares, sharply reducing its share base as part of its strategy.
  • The trust is returning capital to investors through this redemption, issuing a new ISIN for remaining shares as it progresses its managed wind-down.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digital 9 cancels over a third of shares in first compulsory redemption

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

Digital 9 Infrastructure has completed the first compulsory pro rata redemption of its ordinary shares, cancelling 323,402,288 shares, or about 37.38% of its issued share capital, at a price of 9.2753 pence per share. The move significantly reduces the company’s share base to 541,772,666 shares, resetting voting rights and forming part of its broader managed wind-down strategy to return capital to investors.

Redemption proceeds will be routed to shareholders via the company’s registrar between 27 and 30 April 2026, with new share certificates and a new ISIN, JE00BPH3HM76, now representing the remaining shares. The updated capital structure provides a new reference point for investors assessing their positions and regulatory notification thresholds as the trust advances its orderly realisation of assets.

The most recent analyst rating on (GB:DGI9) stock is a Sell with a £0.06 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, trading under the ticker DGI9. The company is focused on executing a managed wind-down, seeking to realise all remaining assets in its portfolio in an orderly manner, with InfraRed Capital Partners appointed as its alternative investment fund manager to oversee this process.

Average Trading Volume: 2,256,931

Technical Sentiment Signal: Sell

For a thorough assessment of DGI9 stock, go to TipRanks’ Stock Analysis page.

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