LONDON, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (âDiginexâ) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today provided an update on its Memorandum of Understanding (âMOUâ) 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 Dhabiâs Royal Family (âNomasâ), dated 17 March 2025. The intention of the MOU was to secure a dual-listing of Diginexâs securities on the Abu Dhabi Securities Exchange (âADXâ), to expand Diginexâs business in the Gulf Cooperation Council (GCC) and a potential capital raise for Diginex of up to USD$250 million focused on large institutional investors based in the GCC. Numerous meetings have been held within the United Arab Emirates (âUAEâ) to pursue a dual-listing on the ADX, and while the process is still on-going, it now appears that it will take a few more months if not longer to successfully list the Companyâs ordinary shares o
Related Questions
How will the potential dualâlisting on ADX and related timeline affect DGNXâs liquidity and valuation in the short term?
What are the specifics of the upâtoâ$250âŻmillion capital raiseâdilution risk, pricing expectations, and the profile of the GCC institutional investors involved?
What regulatory, geopolitical, or operational challenges could delay or derail the ADX listing and GCC expansion, and how might they impact DGNXâs growth outlook?