8 May 2024
DIGITAL 9 INFRASTRUCTURE
PLC
("D9" or
the "Company" and, together with its subsidiaries, the
"Group")
Directorate
Changes
The Company is pleased to announce
the appointment of Mr Eric Sanderson as Independent Non-Executive
Chair of the Company.
Mr Sanderson is a chartered
accountant and former CEO of British Linen Bank, which was the
investment banking arm of the Bank of Scotland. He subsequently was
Chief Executive of Bank of Scotland's Treasury arm and a member of
the Bank of Scotland Management Board. He brings extensive
non-executive investment company board experience. Mr Sanderson is
currently Non-Executive Chair of JPMorgan Emerging Europe, Middle
East & Africa Securities plc and is also Non-Executive Chair of
BlackRock Greater Europe Investment Trust plc. He was formerly
Non-Executive Chair of Schroders UK Mid Cap Fund plc (2011-2021)
and a director of Dunedin Enterprise Investment Trust plc
(1990-1997). He is also a former Chair of Dunedin Fund Managers
Limited and its parent company DFM Holdings Limited.
Mr Sanderson's appointment will be
effective immediately upon receiving the approval of the Jersey
Financial Services Commission ("JFSC"), and Charlotte Valeur will step
down as Interim Chair and Independent Non-Executive Director of the
Company at that time. Following his appointment, Mr Sanderson
will become a member of the Risk, Valuation, Nomination and
Management Engagement Committees.
Mr Sanderson's appointment follows
an independent external recruitment process led by the Board's
Nomination Committee. The Nomination Committee, with the
support of Mr Sanderson, is in the process of recruiting for at
least one additional Non-Executive Director to support the
execution of the managed wind-down, and a further update on this
process will follow in due course. Mr Sanderson does not hold any
shares in the Company.
There are no other details that are
required to be disclosed in respect of Rule 9.6.13 of the Financial
Conduct Authority's Listing Rules.
Gailina Liew, Chair of the Nomination Committee and Senior
Independent Director, Digital 9 Infrastructure plc,
commented:
"We look forward to welcoming Eric
Sanderson as a highly experienced and respected investment trust
Chair to lead the Company through its managed wind-down process. We
also take this opportunity to thank Charlotte Valeur for her
commitment to the Company since IPO and for her dedicated
leadership as Interim Chair of the Company over the past four
months. As a Board we remain committed to executing an orderly
wind-down to maximise shareholder value over time."
ENDS.
Contacts
|
Liberum Capital Limited (Financial
Adviser)
Chris Clarke
Darren Vickers
Owen Matthews
|
+44 (0)203 100
2000
|
|
J.P. Morgan Cazenove (Corporate
Broker)
William Simmonds
Jérémie Birnbaum
|
+44 (0)20 7742
4000
|
|
FTI Consulting (Communications
Adviser)
Mitch Barltrop
Maxime Lopes
|
dgi9@fticonsulting.com
+44 (0) 7807 296
032
+44 (0) 7890 896
777
|
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 invests in the infrastructure of the internet that
underpins the world's digital economy: digital
infrastructure.
The Investment Manager is Triple
Point Investment Management LLP ("Triple Point") which is
authorised and regulated by the Financial Conduct Authority. For
more information on the Investment Manager please visit
www.triplepoint.co.uk.
For more information, please visit www.d9infrastructure.com.