REG - Cornerstone FS PLC - Allotment of Shares

Cornerstone FSAnnouncement

07/10/2022 12:30

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RNS Number : 2097C  Cornerstone FS PLC  07 October 2022

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.

 

7 October 2022

 

Cornerstone FS plc

("Cornerstone" or the "Company" or the "Group")

 

Allotment of shares

 

Further to the Company's announcement of 29 September 2022, following receipt
of funds from Atlantic Partners Asia, 4,375,000 shares ("New Shares") have
today been allotted. Application has been made for the admission of the New
Shares to trading on AIM ("Admission") and it is expected that dealings in the
New Shares will commence on or around 8.00am on 13 October 2022.

 

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

 SP Angel Corporate Finance LLP (Broker)  +44 (0)203 470 0470
 Jeff Keating, Harry Davies-Ball

 Gracechurch 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 with offices in Tunbridge Wells and Dubai,
Cornerstone is admitted to trading on AIM under the trading symbol 'CSFS'. For
more information, please visit www.cornerstonefs.com.

 

 

 

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