Global Switch statement in response to media speculation

Global Switch statement in response to media speculation

Release date: 04.09.2016

Global Switch, the leading real estate owner, developer and operator of large scale, carrier and cloud neutral data centres in Europe and Asia Pacific, and its parent company, Aldersgate Investments Limited, note the press speculation relating to a potential strategic investment in Global Switch.

Aldersgate Investments Limited has confirmed to Global Switch that it is in discussions with a consortium of high quality private sector Asian investors about a potential investment which will allow Global Switch to continue to unlock access to the fast growing telecommunications and internet markets in Asia.

If the investment is concluded by the consortium, there will be no change to the management or strategic direction of Global Switch. Aldersgate Investments Limited and the consortium will exercise joint control of Global Switch.  From a customer perspective, Global Switch will continue to provide highly resilient and secure data centre space which complies with the guidance issued by the UK Centre for the Protection of National Infrastructure as part of the UK Government's national security strategy.

While discussions are ongoing, no transaction has yet been concluded. As and when appropriate, a further announcement will be made."

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