Exercise of subscription shares and TVR
LEI: 213800T8RBBWZQ7FTF84
1 September 2023
Cordiant Digital Infrastructure Limited
Exercise of Subscription Shares
and
Total Voting Rights
Cordiant Digital Infrastructure Limited (the "Company") announces that no elections were received to exercise subscription rights attached to the Company's subscription shares of no par value ("Subscription Shares") for the August 2023 conversion date. There remain 6,434,884 Subscription Shares in issue.
Total Voting Rights
Due to no conversion having taken place, the total number of Ordinary Shares in issue remains as 773,559,707 with 1,050,000 shares held in treasury.
772,509,707 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Further exercise of subscription rights
Subscription Shares may be exercised in February and August each year until February 2026 (being the Final Subscription Date). The next Subscription Date for the holders of Subscription Shares will therefore be in February 2024. The Subscription Price will be 129.5p per share, adjusted for cumulative dividends paid to Ordinary Shares up to the Subscription Date.
A further announcement will be made by the Company for ease of reference in due course in relation to the applicable future exercise dates (all of which are set out in the Prospectus).
In relation to exercise of the Subscription Shares, copies of the Certified Subscription Notice (for use by holders holding subscription shares in certificated form) and the Supplementary Subscription Notice (for use, if required, by holders holding subscription shares in CREST) are available for download from the Company's website at www.cordiantdigitaltrust.com
Capitalised terms shall have the same meaning attributed to them in the Company's prospectus dated 29 January 2021 unless otherwise defined in this announcement.
For further information, please visit www.cordiantdigitaltrust.com or contact:
|
Cordiant Capital Inc. Investment Manager Stephen Foss, Managing Director |
+44 (0) 20 7201 7546 |
|
Investec Bank plc Joint Corporate Broker Tom Skinner (Corporate Broking) Lucy Lewis (Corporate Finance) Jefferies International Limited Joint Corporate Broker Gaudi Le Roux Stuart Klein Celicourt Financial Communications Adviser Philip Dennis / Felicity Winkles / Ali AlQahtani Aztec Financial Services (Guernsey) Limited Company Secretary and Administrator Chris Copperwaite / Laura Dunning |
+44 (0) 20 7597 4000
+44 (0) 20 7029 8000
+44 (0) 20 7770 6424
+44 (0) 1481 749700 |
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