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IN BRIEF: Cordiant Digital celebrates ‘milestone’ of FTSE 250 move

ALN

Cordiant Digital Infrastructure Ltd - UK-based investor in specialist digital infrastructure, managed by Cordiant Capital Inc - Notes FTSE Russell’s announcement that it will move to the FTSE 250 Index, with effect from June 22.

Chair Shonaid Jemmett-Page comments: ‘Since our IPO...the company has made significant progress in building a high-quality portfolio of digital infrastructure assets. Inclusion in the FTSE 250 index represents a further important milestone in that journey and in our ongoing commitment to delivering long-term shareholder value.’

She continues: ‘The board believes that index inclusion will broaden the company’s institutional investor base, enhance the liquidity and marketability of its shares, and increase the visibility of Cordiant Digital Infrastructure among a wider range of market participants. This development reflects the board’s confidence in the quality and resilience of the company’s underlying assets, and in the compelling long-term opportunity set within the digital infrastructure sector.’

Current stock price: 123.30 pence

12-month change: up 36%

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