CityFibre builds transformational fibre optic infrastructure for the UK. Fit for the next hundred years and empowering the UK’s economy and society, our pure fibre infrastructure transforms the way governments, businesses and consumers communicate.


We are the largest provider of fibre infrastructure to the UK’s second tier cities. With network in over 50 towns and cities and over 30,000 km of fibre in the ground, we provide gigabit capable infrastructure for service providers, mobile network operators, local authorities and businesses throughout the country.

CityFibre also operate the UK’s most extensive Fibre-to-the-Home network in Bournemouth. Our open access network connects over 21,000 homes, providing consumers and service providers with the UK’s finest next generation, future-proofed digital infrastructure.



CityFibre Infrastructure has raised £16.5m, gross, through an issue of 27,653,276 ordinary shares ahead of its admission to trading on AIM today (17 January).

The proceeds of the fundraising will be used to expand the group's fibre optic infrastructures, by connecting businesses, local government and consumer customers to its networks, and to deploy infrastructure in selected regional cities, either through the construction of new networks or the acquisition of existing fibre infrastructure.

The total number of ordinary shares in issue at admission is 52,314,648, giving the group a market capitalisation of approximately £31.4m.

25 Jul finnCap 130.00 Corporate

Sheffield launch partner signing

RNS


RNS Number : 0578G

CityFibre Infrastructure Hldgs PLC

03 August 2016





For immediate release

3 August 2016






CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')



Sheffield launch partner signing



CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the signing of a launch partner agreement for its acquired networks in the Sheffield metro area.



The six-year, £3.3m deal commits CityFibre partner Exa Networks to delivering 250 school and business connections under an existing national framework agreement, focused on the Company's network in Sheffield, and also brings the benefits of gigabit connectivity to schools and businesses in Doncaster and Rotherham.



Today's agreement takes the number of connections sold by CityFibre on the networks acquired from KCOM in January to 1,450, and the value of contracts sold on the assets to £22.1m.



Capex coverage on the contract is in line with the Company's stated guidance.



Greg Mesch, Chief Executive of CityFibre, commented:

"We're delighted to extend our framework agreement with Exa into Sheffield, Doncaster and Rotherham. With this latest call-off, we demonstrate our ability to leverage our expanded footprint and drive commercialisation of the acquired assets at pace, bringing 10 cities into commercial production within seven months of acquisition close. It also brings us within striking distance of 4,000 connections sold year to date."



The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Launch partnership with Onecom on Southend network

RNS


RNS Number : 3752J

CityFibre Infrastructure Hldgs PLC

09 September 2016





For immediate release

9 September 2016






CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')



Launch partnership with Onecom on Southend network



Onecom to become CityFibre's 50th service provider partner



CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the signing of a commercial launch partner agreement for its Southend-on-Sea network currently under construction.



Hampshire-based business ISP Onecom, the largest service provider in the Vodafone Partner Programme by customer connections, becomes CityFibre's 50th service provider partner, taking the Company halfway to its medium-term target of 100 service provider relationships.



The five-year, £1.7m agreement commits Onecom to a minimum of 150 business customer connections across CityFibre's network of up to 100 kilometres currently under construction in the city.



With the conclusion of today's agreement, CityFibre has now sold a total of 270 connections on the Southend asset, representing an incremental unit sales uplift of 125% above the original anchor customer commitment in only six months.



Greg Mesch, Chief Executive of CityFibre, commented:

"We're delighted to add Onecom as our 50th service provider partner relationship and our launch partner to deliver superior pure fibre connectivity solutions to the business community in Southend. Onecom's national base of over 300,000 customer connections is testament to its established reputation for quality and customer service, making it an ideal addition to the CityFibre partner universe."

9 Sep finnCap 130.00 Corporate

Best-aim-companies-2016-named

AIM transaction of the year
This is an award that offers a number of different types of transaction. Blancco Technology (BLTG) sold its original core electronic repairs business to concentrate on its fast-growing data erasure and security operations. Part of the proceeds of the disposal were returned to shareholders and the rest is being used to grow the remaining business.
Aggregates supplier Breedon (BREE) announced the £336 million acquisition of Hope Construction Materials late last year, but completion was delayed by the competition authorities. Breedon had to sell 14 ready-mixed concrete plants for the deal to go ahead. This deal made Breedon, which started as AIM shell Marwyn Materials in 2008, into the UK's largest construction materials supplier.
At the turn of the year, fibre optic infrastructure developer CityFibre Infrastructure Holdings (CITY) paid £90 million for KCOM's network assets outside of the Hull area - a 45% discount on what it would cost to replicate them - and raised £80 million at 50p a share. This makes CityFibre more than five years ahead of where it would be in terms of organic growth and gives it a national presence.
MP Evans (MPE) has sold its cattle assets at a profit of $7.38 million and is concentrating on its Indonesian oil palm plantations. Net debt was $6.7 million at the end of June 2016, but the final disposal proceeds received in July were $79.7 million - with an estimated tax charge of $13.8 million payable on this figure. This provides cash to spend on land and planting oil palm.
Best guess: Breedon

CityFibre acquires duct and fibre network assets
StockMarketWire.com
CityFibre, a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, has acquired entire metropolitan local access duct and fibre network assets of Redcentric.

The acquired assets comprise 137km of duct and fibre networks serving 188 Redcentric customer connections, with principal footprints covering Cambridge, Portsmouth, and Southampton, along with complementary incremental coverage in the existing CityFibre footprints of Nottingham, Derby and Northampton.

With this agreement, CityFibre expands its metro fibre presence to 40 cities, including 25 of the top 30 cities outside Greater London.

At 9:35am:
(LON:CITY) Cityfibre Infrastructure Holdings Plc share price was +0.5p at 64p


Story provided by StockMarketWire.com

26 Sep
Liberum Capital
138.00
Buy


26 Sep
finnCap
130.00
Corporate

From the company site -CityFibre acquires all Redcentric duct and fibre networks





Press release September 26, 2016

Related News
CityFibre Provides Dark Fibre Connectivity To Purebroadband’s Wireless Network in Hull


The Economist discusses CityFibre and the acceleration of Gigabit network deployments worldwide


How pure fibre broadband will transform UK business – a guest blog from Broadband Genie


CityFibre and Fujitsu announce engineering agreement to roll out pure fibre infrastructure in UK


CityFibre adds Cambridge, Portsmouth and Southampton footprints, taking its presence to 40 cities
CityFibre has today completed the acquisition of all metropolitan local access duct and fibre network assets of leading IT Managed Services provider Redcentric. These assets total at least 137km. The deal accelerates CityFibre’s recent growth still further as it now owns 40 major UK metro networks, becoming an increasingly powerful national competitor to BT Openreach.
Pursuant to its strategy of growing footprint through acquisition of non-incumbent owned fibre infrastructure assets, the deal provides CityFibre with significant metro networks in Cambridge, Portsmouth and Southampton along with complementary incremental coverage in a number of existing city footprints including Nottingham, Derby and Northampton. It also saves CityFibre considerable time and millions of pounds in capex when compared to a self-build alternative.
In the £5m network acquisition, CityFibre has secured £4.5m in long term dark fibre leasing commitments from Redcentric who become a major new customer. Redcentric will continue to operate the fibre infrastructure to serve the connected customers. CityFibre’s new network will continue to serve 188 Redcentric customer connections. As part of the transaction, Redcentric has also entered into a framework agreement with CityFibre for the use of CityFibre’s infrastructure across its national footprint in future. As with all its network assets, CityFibre will soon make the new footprint available to its wholesale partners comprising business ISPs, public sector service integrators, mobile operators and data centres amongst others.
The newly acquired networks, such as the 44km footprint throughout Cambridge, are all routed to address local areas of identified high demand for high bandwidth services. This will be of immediate benefit to CityFibre’s partners. In Cambridge, the network reaches many of the city’s key science, business and research parks home to a vast range of the UK’s most successful high technology businesses. Once made widely available, the networks will also benefit the wider local communities as they attract inward investment and stimulate economic development.
Fraser Fisher, Chief Executive Officer of Redcentric said: “This disposal is in line with our strategy of control over our customer affecting core assets while not tying up capital where ownership is unnecessary. We will continue to service customers in Cambridge and Portsmouth exactly as before, and expect to generate additional revenues and network efficiencies over time as a result of our developing relationship with CityFibre.”
Greg Mesch, Chief Executive Officer of CityFibre said: “We’re delighted with today’s acquisition of fibre network assets from Redcentric, which takes us to an important milestone of coverage of 40 cities. Once again we’ve shown that underutilised legacy fibre assets can find a new home in which to flourish within CityFibre’s wholesale shared infrastructure model. We’re very pleased to have secured a deal structure which benefits both our new partner and us, and we look forward to working with Redcentric across our broader national footprint.”
ENDS
About CityFibre:
CityFibre is the national builder of Gigabit Cities, as the UK’s largest alternative provider of wholesale fibre network infrastructure. It has major metro duct and fibre footprints in 40 cities across the UK and a national long distance network that connects these cities to major data-centres across the UK and to key peering points in London.
The company has an extensive customer base spanning service integrators, enterprise and consumer service providers and mobile operators. Providing a portfolio of active and dark fibre services, CityFibre’s networks address 28,000 public sites, 7,800 mobile masts, 280,000 businesses and 4.0 million homes.
CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CITY).

Capacity sale to euNetworks
RNS
RNS Number : 1439L
CityFibre Infrastructure Hldgs PLC
29 September 2016
 
For immediate release
29 September 2016
 
 
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
 
Capacity sale to euNetworks
 
First capacity sale on Manchester network to leading international metro fibre provider
 
CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce a new contract with leading international metro fibre provider euNetworks for capacity on its Manchester footprint.
 
The £0.5m agreement provides euNetworks with access to the Group's 40-kilometre network in Manchester for a term of 15 years in order to serve its enterprise customer base across an expanded data centre footprint in the city. The transaction adds a further seven data centres in Manchester to the CityFibre footprint and euNetworks as CityFibre's 52nd service provider customer.
 
London-based euNetworks is a Western European provider of bandwidth infrastructure services, comprising 13 fibre-based metropolitan city networks in five countries, connected with a high capacity intercity backbone covering 45 cities in 10 countries.
 
 
Greg Mesch, Chief Executive of CityFibre, commented:
 
"We're very pleased to add euNetworks, a leading international fibre infrastructure provider, to our growing ecosystem of service provider customers. Today's agreement demonstrates the value of CityFibre's metro local access footprints outside the very competitive London market, which are highly complementary to the network presence of many leading enterprise carriers focused on the Capital. We look forward to working with euNetworks across our national estate in future."   
 
 

Three city launch agreement with Onecom
RNS
RNS Number : 4501L
CityFibre Infrastructure Hldgs PLC
03 October 2016
 
For immediate release
3 October 2016
 
 
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
 
Three city launch agreement with Onecom
 
Onecom expands relationship with CityFibre to Coventry, Leicester and Nottingham
 
CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce an additional contract with existing partner Onecom, across its existing network assets in Coventry, Leicester and Nottingham.
 
The five-year agreement, with an initial contract value of £3.2m, commits Onecom to 300 incremental connections across the three footprints, and brings into commercial production the Nottingham and Leicester assets acquired in January 2016.
 
On 9 September 2016, CityFibre announced a new trading relationship with Onecom as commercial launch partner on its Southend-on-Sea network, which is currently under construction. Today's announcement adds a further three cities to the Onecom presence on the CityFibre national footprint.
 
As the largest operator in the Vodafone Partner Programme, Onecom will be leveraging its extensive expertise in the business connectivity market to offer ultra-low-latency gigabit services to business customers in the four CityFibre cities, allowing them to access cloud-based services, IP voice, video conferencing, and remote backup at speeds up to ten times faster than equivalent services, at lower prices. Access to CityFibre's extensive metro local access fibre networks makes the delivery of these services possible and will help Onecom to dramatically increase its market share with a differentiated fibre connectivity offering.
 
Greg Mesch, Chief Executive of CityFibre, commented:
"We're very pleased with the rapid development of our new relationship with Onecom. In less than a month, Onecom has expanded its presence on the CityFibre footprint to four cities - the fastest multi-city ramp-up of any of our partners to date. In the short time we've been working together, Onecom have recognised that our growing network footprint allows them to address their large and diverse national customer base with innovative and differentiated new gigabit fibre connectivity options at highly attractive prices. We look forward to further expansion of the relationship across our entire footprint."   
 
 
 
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This Company should stop giving the market good news as all that happens is the shares go down. With all the chat about Open Reach being too strong and BT not playing fair with the other providers this is a significant but small alternative. I am going to forget my investment until Jan 2018 when I believe I will look them up and see £ at the front of the share price.

I think this will start to move the day the company breaks even and profits roll.

New broker on board - 12:20 10/10/2016
Broker Forecast - Macquarie issues a broker note on Cityfibre Infrastructure Holdings Plc
Macquarie today initiates coverage of Cityfibre Infrastructure Holdings Plc (LON:CITY) with a outperform investment rating and price target of 93p. Story provided by StockMarketWire.com

I'm out . Don't like todays director sells.

15:10 10/10/2016
Director Deals - Cityfibre Infrastructure Holdings Plc (CITY)
Mark Collins, Executive Director, sold 210,000 shares in the company on the 10th October 2016 at a price of 60.00p. The Director now holds 162,987 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
15:10 10/10/2016
Director Deals - Cityfibre Infrastructure Holdings Plc (CITY)
Greg Mesch, Chief Executive Officer, sold 210,000 shares in the company on the 10th October 2016 at a price of 60.00p. The Director now holds 572,803 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
15:10 10/10/2016
Director Deals - Cityfibre Infrastructure Holdings Plc (CITY)
Robert Gary Mesch, Non Executive Director, sold 1,080,000 shares in the company on the 10th October 2016 at a price of 60.00p. The Director now holds 1,166,831 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com

My post 21 looks even stronger now thanks to government announcement. I may now make a note to look them up in October next year rather than 2018. I agree with dreamcatcher the directors sales were not encouraging but maybe there is some truth in the reason. If the directors lack faith in the company someone could come in and steal it.
dreamcatcher are you going to return?

Hello Colin, yes will return. The company needs a few more contract wins.

Business Parks Initiative
RNS
RNS Number : 3595Q
CityFibre Infrastructure Hldgs PLC
29 November 2016
 
For immediate release
29 November 2016
 
 
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
 
Business Parks Initiative
 
Dense full-fibre networks will deliver growth in the UK's digital economy by empowering SMEs in business parks across CityFibre's 40 city footprint
 
CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce that it has begun a roll-out of dense full-fibre networks in business parks across its 40 city UK footprint to reach more than 500 business parks. Over 22,000 SMEs will benefit from low-cost access to world-class, gigabit-speed internet services delivered over the new infrastructure in or near CityFibre's existing networks. The first parks targeted for upgrade are in the Company's Gigabit City projects Coventry, Bristol and Peterborough.
 
The full-fibre networks will be made available to Internet Service Providers (ISPs) and resellers on a wholesale basis, enabling CityFibre's partners to market a new generation of affordable, ultra-fast internet services. These will provide a major digital advantage to local businesses, dramatically increasing their productivity. An entry level, ultra-fast, symmetrical service will be available at an expected retail price of £120 per month.
 
CityFibre has already proven the demand for full-fibre connectivity in business parks in several of its Gigabit City projects. Pre-registration rates of over 60% have been recorded in many of the business parks surveyed on the current footprint. CityFibre will leverage its learnings of local market engagement, demand aggregation and product pricing to accelerate penetration rates.
 
The announcement marks a major new phase in the growing competition that CityFibre is providing to BT Openreach across the UK. CityFibre's aim is to expand to 100 cities by 2025, which would equate to fibre access for 60% of the UK's businesses and 40% of the UK's homes outside of London. The roll-outs will also serve as a full-fibre backbone to support the economic development of key development areas such as the Northern Powerhouse and Midlands Engine.
 
Greg Mesch, Chief Executive of CityFibre, commented:
 
"After decades of underinvestment, Openreach's antiquated network infrastructure is strangling our nation's businesses. It is up to CityFibre to provide them with a viable and fit for purpose alternative, delivering a new generation of connectivity for our SMEs, the lifeblood of the UK economy.
 
"Access to full-fibre connectivity is the only long term solution, and this is currently either unavailable or so cost-prohibitive that it has remained out of reach for most. By extending our Fibre to the Premises roll-out to business parks across our national network, we are bringing affordable, world-class connectivity to the doorsteps of thousands of businesses for the first time. This is preparing our cities for an inevitable future upgrade to Fibre to the Home."
 
 
Minister of State for Digital and Culture Matt Hancock said:
 
"In last week's Autumn Statement we committed to investing another £1billion in the UK's digital infrastructure and to support the delivery of full-fibre broadband. 
 
"Fibre is the future, so today's announcement by CityFibre is another boost to help achieve our ambitious goals. It will give small businesses across the country access to fast and reliable broadband and encourage other emerging providers to scale up so we remain a world-leading economy."
 

Growth & Innovation Forum 2017


Tuesday 31st January 2017

MEET YOUR NEXT GROWTH COMPANY INVESTMENT

Click here to REGISTER now


Share price performance of some of the companies that attended the last event include:

Cyan +43%

Instem + 44%

Satellite Solutions Worldwide +79%

Summit Therapeutics +32%

XLMedia +46%


The Growth and Innovation Forum, organised in partnership with Cenkos Securities and Shares, is in its 5th year and is the UK's only growth and technology company investment show.

Thousands of investors have attended our previous shows. This year attendees will be able to:

· Learn from industry experts and influencers about the markets, the technology sector and individual companies

· Find out from fund managers how they view the future in 2017 and beyond

· Meet the directors of up to 40 listed growth companies

· Listen to presentations from our expert team of Shares journalists


Key note Speakers at the Show include:

Daniel Coatsworth, Editor - Shares

Russ Mould, Investment Director - AJ Bell

Richard Penny, Senior Fund Manager - Legal & General UK Alpha Trust

Simon Strong, Head of Research, Growth Companies - Cenkos Securities

Further keynote speakers to be announced.


Presenting at the Show and available to meet during the day will be a number of listed company CEOs and Directors:

Andrew Newland, CEO - ANGLE

Alastair Smith, CEO - Avacta

Rachel Elias-Jones, CFO - Bango

Keith Butcher, CFO - Blancco Technology Group

Terry Hart, CFO - CityFibre

Simon Cleaver, CEO - CloudCall

Jamal Rushdy, CEO - Collagen Solutions

John Cronin, Executive Chairman - CyanConnode

Philipp Prince, CFO - Defenx

Frontier IP Group

Phil Reason, CEO - Instem

Steve Flavell, co-CEO - LoopUp

Jose Luis Vazquez, CEO - Mirada

Ian Smith, CEO - One pm Finance

Plastics Capital

Mark Braund, CEO - RedstoneConnect

Simon Kings, Executive Director - TP Group

David Richards, Interim Chairman, President, CEO & Co-founder - WANdisco

More companies to be announced.


For more information go to the event website here

Stirling PSN award
RNS
RNS Number : 2973U
CityFibre Infrastructure Hldgs PLC
17 January 2017
 
For immediate release
17 January 2017
 
 
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
 
Stirling PSN award
 
Stirling becomes CityFibre's 41st city
 
CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the award of a contract to provide the City of Stirling with a Public Services Network, making it CityFibre's fourth Gigabit City in Scotland, and CityFibre's 41st nationally.
 
The seven-year contract with Buckinghamshire-based managed service provider MLL Telecom, carries an initial contract value (ICV) of £1.7m, and will require the initial construction of 20 kilometres of new network connecting 33 sites across the council's estate.
 
It will also provide future-proof foundations for further digital developments, for example, connecting mobile masts, delivering safer city infrastructure such as smart CCTV and street-lighting. As with all CityFibre's Gigabit City projects, the new network will be extended over time to offer the majority of Stirling's 3,000 businesses affordable access to gigabit speed services.
 
Greg Mesch, Chief Executive of CityFibre, commented: "We're thrilled to add Stirling as our fourth Gigabit City in Scotland, bringing the numerous benefits of pure fibre connectivity to the public sector and business community in the city. We're also very pleased to add MLL Telecom to our growing universe of service provider partners and look forward to working together to transform public services and business connectivity in Stirling, our 41st Gigabit City." 

17 Jan
Liberum Capital
138.00
Buy
17 Jan
finnCap
130.00
Corporate