News Image

Diginex Signs MOU to Acquire Matter DK ApS, Expanding Its Sustainability Data and AI Capabilities

Provided By GlobeNewswire

Last update: May 27, 2025

LONDON, May 27, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced the signing of a Memorandum of Understanding (MOU) dated 23 May 2025 for an all-share acquisition of Matter DK ApS (“Matter”), an innovative ESG data company focused on delivering sustainability data and analytics solutions to the investment industry and helping financial institutions understand and communicate the sustainability of investments. Matter is based in Copenhagen, Denmark, and their largest shareholder is NASDAQ, followed by the founding management team who will remain with the business following the closing of the acquisition pursuant to multi-year employment agreements. The MOU values the equity of Matter at $13 million which will be paid through the issuance of Diginex ordinary shares valued at the 60-trading day trailing VWAP (volume weighted average price) as of 23 May 2025, and will subject to an 18-month lock-up period.

Read more at globenewswire.com

DIGINEX LTD

NASDAQ:DGNX (5/30/2025, 8:00:01 PM)

53.81

-4.4 (-7.56%)



Find more stocks in the Stock Screener

Follow ChartMill for more