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LONDON - Diginex Limited (NASDAQ:DGNX), a technology firm specializing in environmental, social, and governance (ESG) solutions, announced today that His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan has acquired warrants to purchase 6.75 million ordinary shares in a private transaction valued at USD 300 million. This investment highlights the company’s strengthening relationship with the United Arab Emirates (UAE) and its commitment to sustainable finance. The company, currently valued at $1.95 billion, has seen its stock surge over 1,000% in the past year, according to InvestingPro data.
His Highness, through Nomas Global Investments L.L.C “ S.P.C, purchased the warrants from Rhino Ventures Limited, owned by Diginex’s Chairman, Miles Pelham. An initial USD 50 million has been paid, with the remaining USD 250 million due by December 31, 2025. Upon full exercise of the warrants, His Highness will hold approximately 22.7% of Diginex’s outstanding shares, and the company will receive about USD 69.2 million.
The warrants are divided into three tranches with varying exercise prices and expiration dates, all originating from January 23, 2025. This move comes after a strategic partnership announced on March 17, 2025, which included plans for Diginex to dual-list on the Abu Dhabi Securities Exchange and a potential capital raise of up to USD 250 million. With the stock currently trading at $75.05, InvestingPro analysis suggests the company is trading above its Fair Value, with additional metrics showing high price volatility and revenue multiples.
Diginex, headquartered in London, leverages blockchain, artificial intelligence, and data analytics to enhance ESG reporting, supporting frameworks such as GRI, SASB, and TCFD. This approach positions Diginex as a partner for organizations aiming to meet sustainability standards, with its diginexESG platform offering comprehensive solutions for data collection and reporting.
The investment by His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan is seen as an endorsement of Diginex’s role in sustainable finance. The collaboration is expected to further Diginex’s growth in the UAE and the broader GCC region, aligning with initiatives like Vision 2030 and Net Zero by 2050.
Diginex’s commitment to ESG technology and sustainable finance continues to attract strategic partnerships, as it aims to redefine the global sustainability landscape. While the company reported revenue of $1.18 million in the last twelve months, it faces profitability challenges with negative EBITDA of $8.52 million. The information in this article is based on a press release statement from Diginex Limited and financial data from InvestingPro, which offers 8 additional key insights about DGNX’s financial health and market position.
In other recent news, Diginex Limited has announced a strategic partnership with Forvis Mazars to enhance their environmental, social, and governance (ESG) platform, diginexLUMEN. This collaboration aims to improve businesses’ ability to manage supply chain risks, particularly those related to climate and social issues. The diginexLUMEN platform is a Software-as-a-Service (SaaS) solution that provides insights into supply chain risks by incorporating governance processes, worker surveys, and risk scoring algorithms. This partnership merges Diginex’s technology with Forvis Mazars’ expertise in ESG advisory and climate risk management. Mark Blick, CEO of Diginex, emphasized that the alliance supports their mission to provide advanced ESG tools. William Hughes, Sustainability Director at Forvis Mazars, noted that integrating diginexLUMEN will offer clients actionable insights to meet sustainability objectives. The alliance is expected to help businesses align profitability with purpose by fostering transparency and accountability in supply chains.
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