Digital 9 Infrastructure Plc (GB:DGI9) has released an update.
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Digital 9 Infrastructure Plc (D9) has indicated a significant decrease in its unaudited portfolio valuation and Net Asset Value (NAV) per share as of 30 June 2024, which has dropped from 79.3p to 45p since the last published valuation. This reduction is primarily due to revised assumptions affecting the finance availability and growth outcomes for the portfolio companies. The company is also progressing with its strategic sales processes and reviewing its investment management arrangements, with further updates to be announced.
For further insights into GB:DGI9 stock, check out TipRanks’ Stock Analysis page.