Directors'/PDMR Shareholdings

RNS Number : 4758N

Cornerstone FS PLC

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, 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 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.

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