STOCK TITAN

Diginex (DGNX): Hearst entities fully exit stake, report 0% ownership

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Diginex Limited received an updated Schedule 13G/A from a group of related Hearst entities, including HBM IV, Inc., Fitch Group, Inc., Hearst Communications, Inc., and The Hearst Family Trust. On May 28, 2026, HBM IV sold all of its remaining Ordinary Shares of Diginex. Because the Hearst entities were deemed to beneficially own those shares through their control chain, this sale reduces each reporting person's holdings to 0 Ordinary Shares, or 0% of the class, with no voting or dispositive power remaining.

Positive

  • None.

Negative

  • None.
Ownership percentage after sale 0% Percent of Diginex Ordinary Shares reported by each Hearst-related entity after May 28, 2026 sale
Shares with voting power 0 Number of Diginex Ordinary Shares over which each reporting person has sole or shared voting power after the sale
Shares with dispositive power 0 Number of Diginex Ordinary Shares over which each reporting person has sole or shared dispositive power after the sale
Sale date May 28, 2026 Date on which HBM IV sold all remaining Diginex Ordinary Shares
Par value per Ordinary Share $0.0004 per share Par value of Diginex Limited Ordinary Shares
beneficial owner regulatory
"Pursuant to the definition of "beneficial owner" set forth in Rule 13d-3"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive power financial
"power to dispose or to direct the disposition of the Ordinary Shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"Pursuant to the definition of "beneficial owner" set forth in Rule 13d-3"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
testamentary trust financial
"The Hearst Family Trust, a testamentary trust (the "Trust")"

FAQ

What did the Schedule 13G/A filing disclose for DGNX?

The filing disclosed that HBM IV, Inc. and related Hearst entities sold all remaining Ordinary Shares of Diginex Limited on May 28, 2026, and now report 0% beneficial ownership and no voting or dispositive power.

Who are the reporting persons in the DGNX Schedule 13G/A amendment?

The reporting persons are HBM IV, Inc., Fitch Group, Inc., Hearst Ratings II, Inc., Hearst Communications, Inc., Hearst Holdings, Inc., The Hearst Corporation, and The Hearst Family Trust, all filing jointly as beneficial owners under Rule 13d-3.

What is the current ownership of Diginex (DGNX) by the Hearst entities?

Following the May 28, 2026 sale, each of HBM IV, Fitch Group, the Hearst entities, and The Hearst Family Trust reports owning 0 Ordinary Shares of Diginex Limited, representing 0% of the outstanding class, with no voting or dispositive power.

When did HBM IV, Inc. sell its remaining Diginex (DGNX) shares?

HBM IV, Inc. sold all of its remaining Diginex Ordinary Shares on May 28, 2026. This transaction eliminated beneficial ownership for HBM IV and the related Hearst entities that previously controlled HBM IV through a corporate ownership chain.

Why were multiple Hearst entities deemed beneficial owners of DGNX shares?

Under Rule 13d-3, each entity in the ownership chain—HBM IV, Fitch Group, Hearst Ratings II, Hearst Communications, Hearst Holdings, The Hearst Corporation, and The Hearst Family Trust—was deemed to beneficially own the shares because each could direct voting and disposition of HBM IV’s holdings.

What corporate changes among Hearst entities affected DGNX ownership?

In 2026, Hearst Communications, Inc. transferred HBM IV stock to its wholly owned subsidiary Hearst Ratings II, Inc., which then transferred it to Fitch Group, Inc.. These transfers shifted which entity directly controlled HBM IV before the May 28, 2026 sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





G28687104

(CUSIP Number)
05/28/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



HBM IV, Inc.
Signature:/s/ Bruce Legorburu
Name/Title:Bruce Legorburu, Executive Vice President
Date:08/14/2026
Fitch Group, Inc.
Signature:/s/ Bruce Legorburu
Name/Title:Bruce Legorburu, Executive Vice President
Date:08/14/2026
Hearst Ratings II, Inc.
Signature:/s/ Mitchell I. Scherzer
Name/Title:Mitchell I. Scherzer, Vice President
Date:08/14/2026
Hearst Communications, Inc.
Signature:/s/ Mitchell I. Scherzer
Name/Title:Mitchell I. Scherzer, Executive Vice President and Chief Financial Officer
Date:08/14/2026
Hearst Holdings, Inc.
Signature:/s/ Mitchell I. Scherzer
Name/Title:Mitchell I. Scherzer, Executive Vice President and Chief Financial Officer
Date:08/14/2026
The Hearst Corporation
Signature:/s/ Mitchell I. Scherzer
Name/Title:Mitchell I. Scherzer, Executive Vice President and Chief Financial Officer
Date:08/14/2026
The Hearst Family Trust
Signature:/s/ Mitchell I. Scherzer
Name/Title:Mitchell I. Scherzer, Trustee
Date:08/14/2026