June 16, 2024

Digital 9 Infrastructure proposes investment policy change amid managed wind-down

In a stock exchange notice today (28 February), the board said it would present the proposed changes for shareholder approval at a general meeting on 25 March, having already secured the green light from the Financial Conduct Authority and its lenders. 
The directors said the move is required to facilitate the managed wind-down, which was announced on 29 January following the board’s two-month strategic review launched to “maximise shareholder value”.
DGI9 is proposing that the trust will be managed by either a third-party investment manager or internally by the board of directors wit…

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