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NextDC begins trading on ASX following $40 million capital raising

NextDC begins trading on ASX following $40 million capital raising

It has commenced trading under the NXT ticker

Datacentre provider, NextDC, has begun trading on the ASX following a successful IPO capital raising totalling $40 million.

It has commenced trading under the NXT ticker. At the time of publication, trading opened at $1.60.

NextDC chairman, Roger Clarke, said the Board was delighted with the success of its recent IPO capital raising and excited about becoming Australia’s first ASX-listed dedicated data centre provider.

“The Company is committed to establishing NextDC as a key market participant in the Australian and New Zealand data centre services market by designing, developing and operating a network of secure, efficient and stable enterprise class data centres,” Clarke said in a statement to the ASX.

Earlier this month the datacentre provider secured its first customer –Harbour MSP, which locked in 1000sqm of space at its Melbourne-based facility.

NextDC claims it is also on track to achieve its planned ‘online’ date for its initial data centres in Brisbane in March, and Melbourne in November next year. It also plans to announce a Sydney site by March.


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Tags The Australian Securities Exchange (ASX)NextDC

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