Directors'/PDMR Shareholdings

RNS Number : 4758N
Cornerstone FS PLC
23 January 2023
 

23 January 2023

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

Director/PDMR Shareholdings

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that five Directors of Cornerstone informed the Company on Friday 20 January 2023 that they had purchased a total of 223,500 Ordinary Shares in the capital of the Company, on 20 January 2023, in the amounts and at the prices set out in the table below. In addition, their resultant shareholdings and percentage holdings of the Company's total voting rights, are also disclosed below.

Director

Number of Ordinary Shares purchased

Price per Ordinary Share (pence)

Resultant Shareholdings

Percentage of Total Voting Rights

Gareth Edwards

56,500

8.845p

725,846

1.49%

James Hickman

55,000

8.924p

69,410

0.14%

Judy Happe

6,000

8.825p

25,516

0.05%

John Burns

6,000

8.825p

6,000

0.01%

Simon Bullock

100,000

8.825p

100,000

0.20%

 

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

Gareth Edwards

2.

Reason for the notification

a)

Position/status

Non-Executive Chairman

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: 8.845 pence per Ordinary Share

Volume: 56,500 Ordinary Shares

e)

Aggregated information

-  Aggregated volume

-  Price

As for d) above

f)

Date of the transaction

20 January 2023

f)

Place of the transaction

London Stock Exchange

 

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: 8.924 pence per Ordinary Share

Volume: 55,000 Ordinary Shares

e)

Aggregated information

-  Aggregated volume

-  Price

As for d) above

f)

Date of the transaction

20 January 2023

f)

Place of the transaction

London Stock Exchange

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

 Name

Judy Happe

2.

Reason for the notification

a)

Position/status

Chief Financial 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: 8.825 pence per Ordinary Share

Volume: 6,000 Ordinary Shares

e)

Aggregated information

-  Aggregated volume

-  Price

As for d) above

f)

Date of the transaction

20 January 2023

f)

Place of the transaction

London Stock Exchange

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

 Name

John Burns

2.

Reason for the notification

a)

Position/status

Non-Executive Director

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: 8.825 pence per Ordinary Share

Volume: 6,000 Ordinary Shares

e)

Aggregated information

-  Aggregated volume

-  Price

As for d) above

f)

Date of the transaction

20 January 2023

f)

Place of the transaction

London Stock Exchange

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

 Name

Simon Bullock

2.

Reason for the notification

a)

Position/status

Non-Executive Director

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: 8.825 pence per Ordinary Share

Volume: 100,000 Ordinary Shares

e)

Aggregated information

-  Aggregated volume

-  Price

As for d) above

f)

Date of the transaction

20 January 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, A dam Dawes  




SP Angel Corporate Finance LLP (Broker)  

+44 (0)203 470 0470  

Jeff Keating, Harry Davies-Ball  




G racechurch Group (Financial PR)  

+44 (0)204 582 3500  

Harry Chathli, Claire Norbury  


 

About Cornerstone FS plc

Cornerstone FS Plc is a payments focused fintech business that makes managing currency simple for SMEs. It provides international payment, currency risk management and electronic account services using a proprietary cloud-based multi-currency payments platform. These services are delivered directly and via white label partners on a SaaS basis to UK-based SMEs that engage in international trade. Cornerstone also serves some high-net worth individual clients.

Headquartered in the City of London and with offices in Tunbridge Wells and Dubai, Cornerstone is listed on AIM under the trading symbol 'CSFS'. For more information, please visit www.cornerstonefs.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHGZGZMZZZGFZZ

Companies

Finseta PLC (FIN)
UK 100

Latest directors dealings