FIN Finseta Plc

23 February 2024

Cornerstone FS plc

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

Grant of Options, PDMR Dealings

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 on 22 February 2024 (the "Grant Date") the Company granted a total of 470,000 options (the "Options") over ordinary shares of 1 penny each in the Company ("Ordinary Shares") to certain employees, including two PDMRs of the Company as follows:

The Options, which were granted under the Company's Enterprise Management Incentive Scheme, vest in three equal tranches on the first, second and third anniversaries of the Grant Date and are exercisable at a price of 31.8 pence per Ordinary Share, representing the closing price of the Company's Ordinary Shares on AIM on 21 February 2024, being the day prior to the Grant Date. The vesting of the Options is subject to the individual remaining an employee of the Company. Leavers may exercise vested Options within 90 days of cessation of employment. All Options expire five years after the Grant Date.

Following the grant of the Options, the Company has options outstanding over a total of 5,327,736 Ordinary Shares, representing approximately 9.3% of the Company's current issued ordinary share capital.

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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  

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.