Diginex’s Listing on ADX May Take Few More Months

The NASDAQ-listed Diginex Limited, a leading provider of Sustainability RegTech solutions, on Monday said that its plans for dual listing on Abu Dhabi Securities Exchange (ADX) is expected to take a few more months.

Providing an update on its Memorandum of Understanding (MOU) between Diginex and Nomas Global Investments, a solely owned special purpose vehicle (SPV) of H H Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan of Abu Dhabi’s Royal Family, on 17 March 2025, the company said that numerous meetings have been held within the UAE to pursue a dual-listing on the ADX.

“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 $250 million capital raise, if it occurs, will most likely occur following the listing of Diginex’s ordinary shares on the ADX,” Diginex said.

His Highness and Nomas remain active supporters of the London-headquartered Diginex and are currently working to assist Diginex to get listed on the ADX and to expand its business in the UAE and GCC.

The intention of the MOU is to secure a dual-listing on ADX to expand Diginex’s business in the Gulf Cooperation Council (GCC) and a potential capital raise for Diginex which is focused on large institutional investors based in the 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 22 August 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, the company said.

About Diginex

Diginex Limited is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting.

The company utilises blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Its 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 the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD).

The 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.