CORD Cordiant Digital Infrastructure Limited

TIDMCORD

RNS Number : 8491K

Cordiant Digital Infrastructure Ltd

01 September 2023

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 visi t   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                             +44 (0) 20 7597 4000 
 Tom Skinner (Corporate Broking) 
 Lucy Lewis (Corporate Finance) 
 Jefferies International Limited 
 Joint Corporate Broker                              +44 (0) 20 7029 8000 
 Gaudi Le Roux 
 Stuart Klein 
 Celicourt 
 Financial Communications Adviser                    +44 (0) 20 7770 6424 
 Philip Dennis / Felicity Winkles / Ali AlQahtani 
 Aztec Financial Services (Guernsey) Limited 
 Company Secretary and Administrator 
 Chris Copperwaite / Laura Dunning                   +44 (0) 1481 749700 
 

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END

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