Source - LSE Regulatory
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 instrument

Ordinary Shares of 1 penny each

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

-     Aggregated volume

-     Price

As for d) above

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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