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Digital 9 Infrastructure PLC

Capital/Financing Update May 29, 2025

6264_rns_2025-05-29_5a8ec46e-ea24-4612-b711-3cb12590c78b.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 4727K

Digital 9 Infrastructure PLC

29 May 2025

29 May 2025

DIGITAL 9 INFRASTRUCTURE PLC

("D9" or the "Company" and, together with its subsidiaries, the "Group")

Completion of EMIC-1 transaction for US$43m (c. £32m) and partial RCF repayment

The Board of D9 (the "Board") is pleased to announce that it has completed the divestment of the Company's entire stake in EMIC-1 (the "Project") for a final consideration of US$43m (c. £32m1), net of the US$2.6m previously announced transaction costs.  The final consideration is c. US$1m higher than the consideration communicated by the Company in the announcement on 31 December 2024, due to the closing adjustment mechanism. Completion follows the satisfaction of all closing conditions with the buyer under the divestment agreement.

The proceeds of the EMIC-1 completion in addition to the release of c. US$10m (c. £7m 1 ) of additional construction commitments on the Project, will allow the Company to significantly deleverage its balance sheet and repay £40m of the Revolving Credit Facility ("RCF") imminently. The remaining RCF balance of £13m, is expected to be repaid from further divestment proceeds and working capital surpluses in due course.

1 GBP amounts based on a 1.35 USD/GBP exchange rate as of 23 May 2025.

ENDS.

Contacts

Digital 9 Infrastructure plc

Eric San de rson
via FTI Consulting
InfraRed Capital Partners Limited

James O'Halloran

Mohammed Zaheer
+44 (0) 207 484 1751
Panmure Liberum Limited (Financial Adviser to the Company)

Chris Clarke

Darren Vickers
+44 (0) 203 100 2222
J.P. Morgan Cazenove (Corporate Broker)

William Simmonds

Jérémie Birnbaum
+44 (0) 20 7742 4000
FTI Consulting (Communications Adviser)

Mitch Barltrop

Maxime Lopes
[email protected]

+44 (0) 7807 296 032

+44 (0) 7890 896 777

LEI Code: 213800OQLX64UNS38U92

About Digital 9 Infrastructure plc

Digital 9 Infrastructure plc (DGI9) is an investment trust listed on the London Stock Exchange and a constituent of the FTSE All-Share, with the ticker DGI9. The Company's investment objective is to undertake a Managed wind-down of the Company and realise all existing assets in the Company's portfolio in an orderly manner. For more information, please visit www.d9infrastructure.com .

About InfraRed Capital Partners (Investment Manager to D9 to effect the wind-down )

InfraRed was appointed as AIFM on 11 December 2024 to effect the managed wind-down of D9.

InfraRed manages US$13bn of equity capital2 for investors around the globe, in listed and private funds across both core and value-add strategies.

InfraRed combines a global reach, operating worldwide from offices in London, Madrid, New York, Sydney and Seoul, with deep sector expertise from a team of more than 160 people.

InfraRed is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life, and benefits from its scale and global platform.

For more information, please visit  www.ircp.com .

2 Uses 5-year average FX as at 30th September 2024 of GBP/USD of 1.2827; EUR/USD 1.1123. EUM is USD 12.803m

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