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Digital 9 Infrastructure Completes SeaEdge Sale and Repays Debt

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Digital 9 Infrastructure Completes SeaEdge Sale and Repays Debt

Elevate Your Investing Strategy:

Digital 9 Infrastructure Plc ( (GB:DGI9) ) just unveiled an announcement.

Digital 9 Infrastructure plc has successfully completed the sale of its interests in SeaEdge UK1 to Stellium Datacenters Limited for £10.7 million, aligning with the net asset value as of December 2024. The proceeds will be used to fully repay the company’s Revolving Credit Facility, marking a significant step in its deleveraging process and continuing its strategy to return capital to shareholders through the divestment of remaining portfolio companies.

The most recent analyst rating on (GB:DGI9) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Digital 9 Infrastructure Plc stock, see the GB:DGI9 Stock Forecast page.

More about Digital 9 Infrastructure Plc

Digital 9 Infrastructure plc (DGI9) is an investment trust listed on the London Stock Exchange, part of the FTSE All-Share index. The company focuses on a managed wind-down strategy, aiming to realize all existing assets in its portfolio in an orderly manner.

Average Trading Volume: 2,608,849

Technical Sentiment Signal: Sell

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

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