05:05 PM EDT, 08/22/2025 (MT Newswires) -- Diginex ( DGNX ) said its planned dual listing on the Abu Dhabi Securities Exchange "will take a few more months if not longer."

Additionally, a related plan to raise $250 million in capital "if it occurs" will likely follow the Abu Dhabi listing, the company said Friday in a statement.

Diginex ( DGNX ) has a memorandum of understanding with Nomas Global Investments to secure the listing and expand in the Gulf region.

In a separate transaction in May, Nomas acquired Diginex ( DGNX ) warrants for 6.75 million ordinary shares from Rhino Ventures, an entity owned and controlled by Miles Pelham, the chairman of Diginex ( DGNX ). Rhino Ventures and Nomas mutually agreed to rescind the warrant acquisition, effective Aug. 22, according to the statement.