Diginex Limited Finalizes Acquisition of Matter DK ApS

Diginex Limited has announced the completion of a definitive agreement to acquire Matter DK ApS, a Denmark-based ESG data company. The transaction, valued at $13 million, will be settled through Diginex shares, subjected to an 18-month lock-up period. Matter's senior management will receive Diginex shares worth $2.5 million, distributed over 24 months. The acquisition will integrate Matter's ESG data capabilities into Diginex’s portfolio, enhancing its sustainability solutions for organizations worldwide.

This strategic move aims to strengthen Diginex's position in the ESG data sector by meeting the growing demands for environmental, social, and governance reporting. The Chairman of Diginex, Miles Pelham, emphasized the acquisition's alignment with their mission to drive sustainable impact using advanced AI tools. The deal is expected to close in the forthcoming quarter, pending standard closing conditions.