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Diginex Provides Update on MOU for ADX Dual Listing, Potential Capital Raise, and Regional UAE and GCC Expansion

1. Diginex seeks dual-listing on Abu Dhabi Securities Exchange. 2. Potential capital raise of USD$250 million targeted at GCC investors. 3. Support from Nomas Global Investments to expand Diginex's business in GCC. 4. Warrants return to Rhino Ventures; this does not affect MOU intentions. 5. Timeline for ADX listing may extend several months.

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Why Bullish?

The potential dual-listing and capital raise could enhance DGNX's market presence and investor interest in the GCC, similar to how other companies have gained significantly from dual-listings, potentially leading to a positive price reaction.

How important is it?

The article discusses plans that can significantly uplift DGNX's financial standing and market credibility, making it very relevant to its future outlook.

Why Long Term?

Successful capital raise and establishment in the GCC market may take longer to realize fully, but they are expected to have lasting positive effects on DGNX's valuation.

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August 22, 2025 16:05 ET  | Source: Diginex Limited 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$250 million focused on large institutional investors based in the GCC. Numerous meetings have been held within the United Arab Emirates (“UAE”) 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 Company’s ordinary shares on the ADX. Additionally, the potential USD$250 million capital raise, if it occurs, will most likely occur following the listing of Diginex’s ordinary shares on the ADX. His Highness and Nomas remain active supporters of Diginex and are currently working to assist Diginex to get listed on the ADX and to expand its business in the UAE and GCC. 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: https://www.diginex.com/. Forward-Looking StatementsCertain 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. DiginexInvestor RelationsEmail: ir@diginex.com IR Contact - EuropeAnna HöffkenPhone: +49.40.609186.0Email: diginex@kirchhoff.de IR Contact - USJackson LinLambert by LLYCPhone: +1 (646) 717-4593Email: jian.lin@llyc.global IR Contact - AsiaShelly ChengStrategic Financial Relations Ltd.Phone: +852 2864 4857Email: sprg_diginex@sprg.com.hk

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