Diginex announces seven-for-one forward stock split

Diginex (DGNX) announced that its board of directors approved a seven-for-one forward stock split to be paid in the form of a share bonus. Each shareholder of the company of record at the close of business on September 5 will receive 7 bonus ordinary shares for every one ordinary share held on the record date. The company expects the bonus shares will be distributed on September 8. The share bonus is intended to enhance liquidity in the market for the company’s ordinary shares and make the ordinary shares more accessible to investors. Following the distribution of the share bonus, the company’s issued and outstanding shares will be increased at the ratio of the share bonus and the company’s authorized share capital and the share par value will remain unchanged. There will be no change to the ordinary shares CUSIP number or trading symbol. No action is required by shareholders.