HONG KONG SAR –
Media OutReach Newswire – 27 May 2025 –
Diginex Limited (“Diginex” or the “Company”)(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.
This strategic acquisition aims to enhance Diginex’s portfolio by integrating Matter’s advanced ESG data analytics, benchmarking and reporting capabilities. We expect the acquisition will enable Diginex to offer more comprehensive ESG solutions to organizations worldwide, helping them navigate the complexities of sustainability and meet evolving regulatory and stakeholder expectations for ESG reporting.
“We are excited about the acquisition of Matter, which moves us into the ESG data space and aligns with our mission to empower businesses with cutting-edge AI tools to drive sustainable impact,” said
Miles Pelham, Chairman of Diginex. “Matter’s expertise in ESG data complements our existing technology, broadens our offering and brings us into a sector with huge growth potential.”
“This is an exciting opportunity to join forces with Diginex, and we’re thrilled at what we can achieve together,” said
Niels Fibæk, CEO of Matter. “As one, we can amplify our impact, delivering unparalleled data-driven insights to help organizations achieve their sustainability goals.”
Hashtag: #Diginex
The issuer is solely responsible for the content of this announcement.