#VELA TECHNOLOGIES PLC – INVESTEE CO. CORNERSTONE #CSFS – COMPLETION OF SALE OF AVILA HOUSE LTD. April 27, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to announce the completion of the sale of Avila House Ltd. (“Avila”) to Aspire Commerce Ltd. (“Aspire”) following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with the terms of the share purchase agreement, the Company has now received £300,000 in cash in…

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