Digital 9 Infrastructure PLC (LSE:DGI9) will look for acquisitions. Digital 9 Infrastructure announced the launch of a placing of new ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 108 pence per Ordinary Share (the "Placing Price") (the "Placing"). The Company is targeting gross proceeds of approximately £200 million to be issued under the existing Placing Programme.

The net proceeds of the Placing will be used to acquire further assets in line with the Company's investment objective, identified in the Company's pipeline of investment opportunities, as set out in the Prospectus. The Company is currently substantially fully deployed/committed1 and has identified an immediate term pipeline of approximately £325 million, part of a near term pipeline of approximately £500 million, with a total pipeline of approximately £1.8 billion.