Core Viewpoint - Diginex Limited has signed a definitive agreement for an all-share acquisition of Matter DK ApS, valuing Matter at $13 million, to enhance its ESG data analytics capabilities and strengthen its position in the sustainability sector [1][2][3]. Group 1: Acquisition Details - The acquisition will be executed through the issuance of Diginex ordinary shares valued at $83.77 per share, with an 18-month lock-up period for the shares [1]. - Senior management of Matter will receive Diginex shares valued at $2.5 million, vesting over 12 and 24 months [1]. - The transaction is expected to close within the next quarter, pending customary closing conditions [1]. Group 2: Strategic Importance - This acquisition aims to integrate Matter's advanced ESG data analytics, benchmarking, and reporting capabilities into Diginex's portfolio [2]. - The combined offerings will help organizations navigate sustainability complexities and meet evolving regulatory and stakeholder expectations for ESG reporting [2]. Group 3: Company Background - Diginex Limited is a sustainable RegTech business that utilizes blockchain, AI, and data analysis technology to enhance transparency in corporate regulatory reporting and sustainable finance [4]. - The diginexESG platform supports 19 global frameworks, providing end-to-end support for ESG reporting [5]. - Matter is recognized for delivering actionable insights that assist organizations in achieving their sustainability objectives through advanced analytics [6].
Diginex Limited Announces Completion of Definitive Agreement to Acquire Matter DK ApS, Expanding Its Sustainability Data and AI Capabilities