Source - Alliance News

Digital 9 Infrastructure PLC - London-based investor in digital infrastructure - Says investee Arqiva Group Ltd enters inflation collar on 100% of inflation-linked swaps to limit exposure to retail price index fluctuations. Says RPI will be capped at 6.0%, limiting the downside exposure of Arqiva’s cash flows. Adds the first accretion payment to be impacted by the collar will be in June 2024.

Digital 9 holds a 52% stake in Hampshire, England-based telecommunications company Arqiva.

Current stock price: 67.85 pence, down 3.8%

12-month change: down 40%

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Digital 9 Infrastructure PLC (DGI9)

+0.45p (+2.09%)
delayed 15:56PM