Digital 9 Infrastructure Completes Aqua Comms Sale, Announces Capital Return

Digital 9 Infrastructure (LON: DGI9) has finalized the divestment of its Aqua Comms subsea fibre business for a net consideration of £34.0 million.

The Board intends to return the majority of these proceeds to shareholders through a pro-rata compulsory capital redemption.

The final sale price exceeds the £32.4 million valuation reported in D9's June 30, 2025, interim report by £1.6 million. This increase reflects updates to the completion account mechanism and revised USD/GBP foreign exchange rates.

Approximately two-thirds of the proceeds will be returned to shareholders, with the remaining third allocated to cover future working capital needs. These capital needs encompass ongoing operational cost commitments associated with the planned wind down of the Company, following anticipated sales of Elio Networks and Arqiva.

Maintaining a sufficient working capital reserve is intended to allow D9 to manage and optimize the timing of these exits. It also provides a buffer against potential unforeseen operational expenses in the coming years. The company intends to continually assess working capital needs and accelerate realization plans and further capital redemptions when appropriate.

The capital redemption scheme is designed to be the most efficient and cost-effective method of returning capital to shareholders. Further details regarding the specifics of the capital redemption will be released in due course.

The divestment and planned capital return reflect D9's previously communicated realization plan. This plan focuses on maximizing value for shareholders through strategic asset sales and efficient capital allocation.

The final USD/GBP exchange rate used in the transaction was 1.3527, as traded on December 30, 2025.