Diginex Provides Update on MOU for ADX Dual Listing, Potential Capital Raise, and Regional UAE and GCC Expansion
Diginex (NASDAQ: DGNX), a Sustainability RegTech solutions provider, has provided an update on its March 2025 MOU with Nomas Global Investments, owned by UAE Royal Family member His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan. The MOU covers three key initiatives: a dual-listing on the Abu Dhabi Securities Exchange (ADX), business expansion in the GCC region, and a potential $250 million capital raise.
While the ADX listing process continues, it faces delays of several months. The planned capital raise is now expected to follow the ADX listing completion. Additionally, a warrant transaction between Nomas and Rhino Ventures Limited for 6.75 million ordinary shares has been rescinded, with the warrants returning to Rhino Ventures Limited.
Diginex (NASDAQ: DGNX), fornitore di soluzioni RegTech per la sostenibilità, ha fornito un aggiornamento sul Memorandum d'intesa di marzo 2025 con Nomas Global Investments, partecipata da un membro della famiglia reale degli Emirati Arabi Uniti, Sua Altezza Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan. L'accordo riguarda tre iniziative principali: una doppia quotazione presso la Abu Dhabi Securities Exchange (ADX), l'espansione delle attività nella regione del GCC e una possibile raccolta di capitale di 250 milioni di dollari.
La procedura per la quotazione sull'ADX è ancora in corso, ma ha subito ritardi di alcuni mesi. La prevista raccolta di capitale è ora attesa dopo il completamento della quotazione sull'ADX. Inoltre, una transazione di warrant tra Nomas e Rhino Ventures Limited per 6,75 milioni di azioni ordinarie è stata annullata, con i warrant che sono tornati a Rhino Ventures Limited.
Diginex (NASDAQ: DGNX), proveedor de soluciones RegTech para la sostenibilidad, ha informado una actualización sobre el memorando de entendimiento de marzo de 2025 con Nomas Global Investments, propiedad de un miembro de la familia real de los Emiratos Árabes Unidos, Su Alteza Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan. El MOU abarca tres iniciativas clave: una doble cotización en la Abu Dhabi Securities Exchange (ADX), la expansión comercial en la región del GCC y una posible captación de capital de 250 millones de dólares.
El proceso de listado en la ADX sigue adelante, pero ha experimentado retrasos de varios meses. La prevista captación de capital ahora se espera tras la finalización del listado en la ADX. Además, se ha rescindido una transacción de warrants entre Nomas y Rhino Ventures Limited por 6,75 millones de acciones ordinarias, devolviendo los warrants a Rhino Ventures Limited.
Diginex (NASDAQ: DGNX), 지속가능성 RegTech 솔루� 제공업체� 2025� 3� Nomas Global Investments와 체결� 양해각서(MOU)� 대� 업데이트� 발표했습니다. Nomas� UAE 왕실 구성원인 Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan 경이 소유하고 있습니다. � MOU� � 가지 핵심 사안� 포함합니�: 아부다비 증권거래�(ADX) 이중 상장, GCC 지역에서의 사업 확장, 그리� 잠재� 2� 5천만 달러 자본 조달입니�.
ADX 상장 절차� 진행 중이� 수개월의 지연이 발생했습니다. 예정� 자본 조달은 이제 ADX 상장 완료 이후� 계획되고 있습니다. 또한 Nomas와 Rhino Ventures Limited 간의 675� 보통� 관� 워런� 거래� 철회되었으며, 워런트는 Rhino Ventures Limited� 반환되었습니�.
Diginex (NASDAQ: DGNX), fournisseur de solutions RegTech pour la durabilité, a publié une mise à jour sur le protocole d'accord (MOU) de mars 2025 avec Nomas Global Investments, détenue par un membre de la famille royale des Émirats arabes unis, Son Altesse Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan. Le MOU couvre trois initiatives clés : une double cotation à l'Abu Dhabi Securities Exchange (ADX), l'expansion des activités dans la région du CCG et une possible levée de fonds de 250 millions de dollars.
Le processus d'inscription à l'ADX se poursuit, mais subit des retards de plusieurs mois. La levée de fonds prévue est désormais attendue après la finalisation de l'inscription à l'ADX. De plus, une opération de bons de souscription entre Nomas et Rhino Ventures Limited portant sur 6,75 millions d'actions ordinaires a été annulée, les bons de souscription revenant à Rhino Ventures Limited.
Diginex (NASDAQ: DGNX), ein Anbieter von Nachhaltigkeits-RegTech-Lösungen, hat ein Update zum Memorandum of Understanding von März 2025 mit Nomas Global Investments veröffentlicht, das im Besitz eines Mitglieds der königlichen Familie der VAE ist, Seiner Hoheit Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan. Das MOU umfasst drei zentrale Initiativen: eine Doppelnotierung an der Abu Dhabi Securities Exchange (ADX), die Geschäftsausweitung in der GCC-Region und eine mögliche Kapitalaufnahme von 250 Millionen US-Dollar.
Der Prozess für die ADX-Notierung läuft weiterhin, hat sich jedoch um mehrere Monate verzögert. Die geplante Kapitalaufnahme wird nun nach Abschluss der ADX-Notierung erwartet. Außerdem wurde eine Optionsgeschäft zwischen Nomas und Rhino Ventures Limited über 6,75 Millionen Stammaktien rückgängig gemacht, die Warrants gingen an Rhino Ventures Limited zurück.
- Potential $250 million capital raise from GCC institutional investors
- Planned expansion into UAE and GCC markets
- Continued support from UAE Royal Family member and Nomas Global Investments
- Strategic dual-listing opportunity on Abu Dhabi Securities Exchange
- Delays in ADX listing process by several months
- Capital raise postponed until after ADX listing completion
- Rescission of warrant transaction for 6.75 million shares
Insights
Diginex's UAE dual-listing and $250M capital raise facing delays, though royal backing remains; warrant transaction between partners rescinded.
Diginex's update reveals significant headwinds in its strategic international expansion plans. The company's dual-listing on the Abu Dhabi Securities Exchange (ADX) is experiencing notable delays, pushing the timeline from what was likely expected to be a near-term catalyst to "a few more months if not longer." This timing uncertainty creates a domino effect, as the substantial
The rescinding of the warrant transaction between Nomas (owned by Sheikh Mohammed Bin Sultan Bin Hamdan Al Nahyan) and Rhino Ventures (controlled by Diginex's Chairman) is particularly telling. While the company presents this as having "no impact" on the MOU's intentions, the reversal of a 6.75 million share warrant acquisition signals potential recalibration of expectations or terms between the parties. This warrant reversal could indicate evolving discussions about equity structure or valuation considerations ahead of the delayed dual listing.
Despite these setbacks, the continued involvement of Nomas and its royal connection provides a vital credibility anchor for Diginex's Middle Eastern strategy. The company's careful emphasis that His Highness remains an "active supporter" suggests they're working to maintain investor confidence amid these timeline adjustments. For a sustainability RegTech firm, securing this pathway into the resource-rich GCC region represents a significant market opportunity, albeit one now facing extended execution timelines.
LONDON, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex�) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today provided an update on its Memorandum of Understanding (“MOU�) between the Company and Nomas Global Investments LLC S.P.C, a solely owned SPV of His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan of Abu Dhabi’s Royal Family (“Nomas�), dated 17 March 2025. The intention of the MOU was to secure a dual-listing of Diginex’s securities on the Abu Dhabi Securities Exchange (“ADX�), to expand Diginex’s business in the Gulf Cooperation Council (GCC) and a potential capital raise for Diginex of up to USD
In May 2025, in a separate transaction, Nomas acquired Diginex warrants to acquire 6.75 million ordinary shares from Rhino Ventures Limited, an entity owned and controlled by Miles Pelham, the Chairman of Diginex. By mutual consent Rhino Ventures Limited and Nomas have decided to rescind the acquisition of the Diginex warrants, effective August 22, 2025. Accordingly, Diginex warrants previously held by Nomas will revert back to Rhino Ventures Limited. The return of warrants has no impact to the actions or intent detailed in the MOU and as noted above His Highness and Nomas remain active supporters of Diginex.
About Diginex
Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software.
The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative�), SASB (the “Sustainability Accounting Standards Board�), and TCFD (the “Task Force on Climate-related Financial Disclosures�). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.
For more information, please visit the Company’s website:
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Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,� “believes,� “hopes,� “expects,� “anticipates,� “estimates,� “projects,� “intends,� “plans,� “will,� “would,� “should,� “could,� “may� or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company's filings with the SEC.
Diginex
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Anna Höffken
Phone: +49.40.609186.0
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