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info@novuscomms.com

Vela Technologies #VELA – Investee Co Cornerstone FS #CSFS Grant and Cancellation of Options; PDMR Dealings November 17, 2023 – Posted in: Vela Technologies Plc (VELA)

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 the grant of options over ordinary shares of 1 penny each in the Company (“Ordinary Shares”) and the cancellation of certain existing options over Ordinary Shares. This includes the grant of options to, and cancellation of options held by, Executive Directors and PDMRs of the Company.  Grant of Options The…

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#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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#VELA TECHNOLOGIES PLC – INVESTEE CO. #CSFS CORNERSTONE – TRADING UPDATE April 19, 2023 – Posted in: Vela Technologies Plc (VELA)

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to provide the following unauditedupdate on trading for the first quarter to 31 March 2023. As noted in the trading update announcement on 11 January 2023, the Group experienced strong trading momentum through FY 2022 and expects to report total revenue for the year ended 31 December 2022 of approximately £4.8m. This momentum increased in Q1 2023…

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Vela Technologies #VELA Investee co. – Cornerstone FS PLC #CSFC Holding(s) in Company January 25, 2023 – Posted in: Vela Technologies Plc (VELA)

  TR-1: Standard form for notification of major holdings   NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : Cornerstone FS Plc 1b. Please indicate if the issuer is a non-UK issuer   (please mark with an “X” if appropriate) Non-UK issuer 2. Reason for the notification (please mark the…

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Vela Technologies #VELA – Quarterly Investment Update November 8, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela (AIM:VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, is pleased to provide an update for the quarter ended 30 September 2022. Key numbers as at 30 September 2022: Net assets per share at 30 September were 0.039p (30 June 2022 – 0.041p). Vela’s portfolio comprised a total of 13 active investments (30 June 2022 – 13). Two of these investments were unquoted, ten were quoted, and…

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Vela Technologies #VELA – Final results for the year ended 31 March 2022 September 28, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela Technologies plc (AIM: VELA) is pleased to announce the Company’s final results for the year ended 31 March 2022. Vela’s Annual Report and Accounts for the year ended 31 March 2022 (“Annual Report”) and the Notice of Annual General Meeting (“AGM”) will be posted to shareholders today. The Company’s Annual Report and Notice of AGM will be available shortly on the Company’s website at http://www.velatechplc.com/.  The AGM will be held at…

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Vela Technologies #VELA – Investee company Cornerstone FS #CFCS interim results September 27, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce its unaudited interim results for the six months ended 30 June 2022. Highlights ·   Total revenue increased by 127% to £1.9m (H1 2021: £837k) o  Growth driven by direct sales, which increased to £1.4m (H1 2021: £231k) ·     Gross margin improved substantially to 61.7% (H1 2021: 38.1%) ·…

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Vela Technologies #VELA – Quarterly Investment Update and Change of Broker May 3, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

The Board of Vela (AIM:VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, announces its quarterly update for the quarter ended 31 March 2022. Investments traded on a recognised stock market are valued using the accounting policies outlined in the notes to the annual financial statements.  Unlisted investments and other financial assets are stated at the values attributed to them in the audited balance sheet as at 31 March 2021, unless…

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