REG - Cornerstone FS PLC - Proposed change of name to Finseta plc

Cornerstone FSAnnouncement

20/03/2024 10:00

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RNS Number : 6030H  Cornerstone FS PLC  20 March 2024

20 March 2024

 

Cornerstone FS plc

("Cornerstone" or the "Company")

 

Proposed change of name to Finseta plc

 

Cornerstone FS plc (AIM: CSFS), a foreign exchange and payments company
offering multi-currency accounts to businesses and individuals through its
proprietary technology platform, is pleased to announce its intention to
change the Company's name to Finseta plc.

 

In connection with the proposed change of name to Finseta plc, the Company's
TIDM is expected to change to 'FIN'. The ISIN (GB00BNG7CD28) and SEDOL
(BNG7CD2) of the Company's ordinary shares will remain unchanged. Shareholder
documents of title will be unaffected by the proposed change of name and
existing share certificates should be retained and remain valid. Any new share
certificates issued after the name change becomes effective will bear the new
name, Finseta plc.

 

The change of name is expected to take effect during April 2024 and a further
announcement to confirm the timing of the change of the Company's name and
TIDM will be made in due course.

 

James Hickman, CEO of Cornerstone, said: "As part of our strategic growth
plan, we are excited to announce that Cornerstone FS is undergoing a renaming
process. This decision is driven by our desire to better align our brand
identity with our mission, values, and the comprehensive range of services we
provide. Finseta has been chosen to differentiate us in the marketplace as we
build upon our reputation as a client-focused leader."

 

 

For further information, please contact:

 

 Cornerstone FS                                                                          +44 (0)203 971 4865
 plc

 James Hickman, Chief Executive Officer

 Judy Happe, Chief Financial Officer

 Shore Capital (Nominated Adviser and 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 through its wholly owned subsidiary company
Cornerstone Payment Solutions Limited. www.cornerstonefs.com
(https://url.avanan.click/v2/___http:/www.cornerstonefs.com___.YXAxZTpzaG9yZWNhcDphOm86ZDEwNzBiZmMyOWVmMmFkZDBiNDBhMmRjZTFmNzlhZGY6Njo0NzJlOmY4MjY0Njg0YTJiMDdkZmNiOGRkMmRkNzc0ZjkyOGU0MzBiNzhjNzMyMjZhYmE4OWE0YWNjYTY3ZGJlYjQyMTc6cDpU)

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