Digital 9 Infrastructure shareholders have backed a wind down proposal at a general meeting held yesterday (25 March).
In a stock exchange announcement, the trust said 99.9% of shareholders had backed the proposal.
The proposal to wind down was first announced on 29 January, where the trust’s board said it would be “in the best interests” of shareholders, after consulting a large number of investors and a strategic review.
D9’s discount had slid to 76% at the time, according to the AIC website.
As part of the process, the board served notice on investment manager Triple Point.
Yesterday, Digital 9 revealed it had finalised a £273.5m repayment of its revolving credit facility following the £450m sale of Verne Global to Ardian.
Meanwhile, non-executive directors Brett Miller and Richard Boléat have stood down from the trust’s board with immediate effect.
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