Diginex to acquire Matter DK ApS, enhancing ESG data capabilities for investment firms, valued at $13 million.
Quiver AI Summary
Diginex Limited, a leading Sustainability RegTech provider, has announced an all-share acquisition of Matter DK ApS, an innovative ESG data company based in Copenhagen, valued at $13 million. The deal will be paid through Diginex ordinary shares, priced at $83.77 each, with an 18-month lock-up period. Additionally, Matter’s senior management will receive shares valued at $2.5 million, vesting over two years. This strategic acquisition aims to strengthen Diginex’s portfolio by integrating Matter’s advanced ESG data analytics and capabilities, enhancing Diginex’s offerings to help organizations meet evolving sustainability reporting needs. The transaction is expected to close in the upcoming quarter, subject to customary conditions, with both companies expressing optimism about the potential synergies from the acquisition.
Potential Positives
- Diginex has announced a strategic acquisition of Matter DK ApS, a move that aims to enhance its offerings in the ESG (Environmental, Social, and Governance) data analytics space.
- The acquisition is expected to position Diginex for accelerated growth in a high-potential sector by integrating Matter's expertise and capabilities.
- This deal marks a significant expansion of Diginex's product portfolio, allowing the company to provide more comprehensive ESG solutions to organizations worldwide.
- The acquisition aligns with Diginex's mission to empower businesses with AI tools for sustainable impact, potentially increasing the company's market influence and reputation in the ESG reporting domain.
Potential Negatives
- The acquisition of Matter DK ApS is being conducted as an all-share transaction, which could dilute existing shareholders' equity and negatively impact stock value if the market reacts unfavorably.
- The transaction includes an 18-month lock-up period for the newly issued shares, which may indicate concerns about immediate market reception and investor confidence.
- Given the forward-looking statements in the release, there is an inherent uncertainty about the actual outcomes of the acquisition, leaving investors at risk of significantly different future results compared to expectations.
FAQ
What is the recent acquisition announced by Diginex?
Diginex has signed a definitive agreement to acquire Matter DK ApS, an ESG data company focused on sustainability solutions.
How much is the acquisition of Matter DK ApS valued at?
The acquisition values Matter at $13 million, payable through Diginex ordinary shares.
What benefits does the acquisition provide to Diginex?
The acquisition will enhance Diginex's ESG data analytics and reporting capabilities, offering comprehensive solutions to organizations.
When is the acquisition expected to close?
The transaction is expected to close within the next quarter, pending customary closing conditions.
Who is advising Diginex on the acquisition?
Diginex is advised by Gibson, Dunn & Crutcher LLP and Lund Elmer Sandager regarding Danish law matters.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
LONDON, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced the signing of a definitive agreement 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 counts a subsidiary of NASDAQ as its main strategic investor. The transaction values the equity of Matter at $13 million, which will be paid through the issuance of Diginex ordinary shares valued at $83.77 per ordinary share, which shares are subject to an 18-month lock-up period. In connection with the transaction, senior management of Matter will be granted ordinary shares of Diginex valuted at $2.5 million, also valued at $83.77 per ordinary share, that vest in equal proportions over 12 and 24 months. The transaction is expected to close later within the next quarter, subject to customary closing conditions.
This strategic acquisition aims to enhance Diginex’s portfolio by integrating Matter’s advanced ESG data analytics, benchmarking, and reporting capabilities. 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 thrilled to advance this acquisition, marking a significant step toward integrating Matter’s expertise into our ecosystem and further strengthening our position in the ESG data space,” said Miles Pelham, Chairman of Diginex. “ This combination aligns perfectly with our mission to empower businesses with cutting-edge AI tools to drive sustainable impact and positions us for accelerated growth in a high-potential sector. We’re also happy to welcome Nasdaq as a strategic partner and shareholder. ”
“We are delighted to move forward with Diginex under this definitive agreement, and we look forward to the opportunities ahead,” said Niels Fibæk, CEO of Matter. “ Together, we will amplify our impact, delivering unparalleled data-driven insights to help organizations achieve their sustainability goals. ”
Diginex was advised on the transaction by Gibson, Dunn & Crutcher LLP, and Lund Elmer Sandager as to matters of Danish law.
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:
About Matter
Matter is a pioneering ESG data company that delivers actionable insights to support organizations in achieving their sustainability objectives. Through advanced analytics and reporting, Matter enables businesses to make informed decisions that drive positive environmental and social outcomes. For more information, visit
www.thisismatter.com
.
Forward-Looking Statements
Certain 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.
Diginex
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