Digital 9 Infrastructure PLC announced that following completion of the Verne Transaction on 15 March 2024, the Company has now completed the previously announced £273.5 million repayment and partial cancellation of the Revolving Credit Facility ("RCF"). As announced by the Company on 15 March 2024, around £23 million of the Verne Global sale proceeds will be retained for prudent capital management to cover for possible future liabilities arising from certain Value-Added Tax related indemnification provisions. They will be available for additional RCF repayment and cancellation if and when an insurance policy to cover these potential future liabilities will be taken out.

An additional RCF repayment and cancellation will also be made upon receipt of the USD 25 million (approximately £19.5 million) deferred consideration payment, which is payable on the earlier of 15 business days after the date on which a new power agreement is entered into and 26 April 2024 (Deferred Consideration).