TIDMCSFS

RNS Number : 9912S

Cornerstone FS PLC

10 November 2023

10 November 2023

Cornerstone FS Plc ("Cornerstone" or "the Company")

Director/PDMR Shareholding

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announces that James Hickman, Chief Executive Officer, has purchased 74,649 Ordinary Shares in the capital of the Company at a price of 13.38 pence each, on 9 November 2023. Following the purchase, Mr Hickman holds 144,059 Ordinary Shares in the capital of the Company representing 0.25% of the issued share capital.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)    Name                               James Hickman 
     ----------------------------------  ----------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                     Chief Executive Officer 
     ----------------------------------  ----------------------------------- 
 b)   Initial notification/Amendment      Initial Notification 
     ----------------------------------  ----------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                                Cornerstone FS Plc 
     ----------------------------------  ----------------------------------- 
 b)   LEI                                 213800O41L2RXZ2BZ956 
     ----------------------------------  ----------------------------------- 
 4.   Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ----------------------------------------------------------------------- 
 a)   Description of the financial        Ordinary Shares of 1 penny each 
       instrument 
     ----------------------------------  ----------------------------------- 
 b)   Identification code                 GB00BNG7CD28 
     ----------------------------------  ----------------------------------- 
 c)   Nature of the transaction           Purchase of Ordinary Shares 
     ----------------------------------  ----------------------------------- 
 d)   Price(s) and volume(s)              Purchase Price: 13.38 pence per 
                                           Ordinary Share 
                                           Volume: 74,649 Ordinary Shares 
     ----------------------------------  ----------------------------------- 
 e)   Aggregated information              As for d) above 
       - Aggregated volume 
       - Price 
     ----------------------------------  ----------------------------------- 
 f)   Date of the transaction             9 November 2023 
     ----------------------------------  ----------------------------------- 
 f)   Place of the transaction            London Stock Exchange 
     ----------------------------------  ----------------------------------- 
 

ENDS

Enquiries

 
Cornerstone FS plc                        +44 (0)203 971 4865 
James Hickman, Chief Executive Officer 
 Judy Happe, Chief Financial Officer 
 
SPARK Advisory Partners Limited (Nomad)   +44 (0)203 368 3550 
Mark Brady, Adam Dawes 
 
Shore Capital (Broker)                    +44 (0)207 408 4090 
Daniel Bush, Tom Knibbs (Corporate 
 Advisory) 
 Guy Wiehahn (Corporate Broking) 
 
Gracechurch Group (Financial PR)          +44 (0)204 582 3500 
Harry Chathli, Claire Norbury 
 

About Cornerstone FS plc

Cornerstone FS plc (AIM: CSFS) is a foreign exchange and payments company offering multi-currency accounts and payment solutions to businesses and individuals. Headquartered in the City of London, Cornerstone combines a proprietary technology platform with a high level of personalised service to support clients with payments in over 150 countries in 58 currencies. With a track record of over 12 years, Cornerstone has the expertise, experience and expanding global partner network to be able to execute complex cross-border payments. It is fully regulated by the Financial Conduct Authority as an Electronic Money Institution. www.cornerstonefs.com

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END

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(END) Dow Jones Newswires

November 10, 2023 02:00 ET (07:00 GMT)

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