Digital 9 Infrastructure's shareholder returns expected early 2026 as wind-down continues

(Sharecast News) - Closed-end investment company Digital 9 Infrastructure, which has been implementing a managed wind-down of the company for the past 18 months, reported reported "strong progress" in its plans as losses narrowed significantly in the first half. Following the disposal of SeaEdge UK 1 in June for £10.3m, the completion of the EMIC-1 divestment for $43m in May and the announcement of the Aqua Comms divestment in January for $44.5m, the first phase of Digital 9's wind-down is now "largely complete", according to chair Eric Sanderson.

Sanderson said the company financial position had also "stabilised", following the full repayment of its revolving credit facility, which stood at £53m at the end of December.

"We have a platform to maximise shareholder value over time, following the full repayment of the RCF and completion of the Aqua Comms sale expected by the end of the year. With value-enhancing initiatives underway at Elio Networks and key decisions in relation to contract renewals regarding Arqiva's DTT business to take place in 2027, significant value remains to be unlocked," Sanderson said.

First capital returns to shareholders are expected in early 2026, the company said.

Net asset value shrank to £283.1m by 30 June, down from £297.3m as of 31 December and £403m a year earlier. EBITDA decreased by 3% to £166m, while losses per share fell to 1.7p from 19.8p a year earlier.