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FIN Finseta Plc

39.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Finseta Plc LSE:FIN London Ordinary Share GB00BNG7CD28 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 39.00 14,874 08:00:00
Bid Price Offer Price High Price Low Price Open Price
38.00 40.00 39.00 39.00 39.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
09:56:48 O 2,844 38.67 GBX

Finseta (FIN) Latest News

Finseta (FIN) Discussions and Chat

Finseta Forums and Chat

Date Time Title Posts
24/5/202422:49Finesta plc 17
22/5/202420:02Finseta - still undervalued5
07/3/202416:04Travelex owner1,566
08/3/202211:38Binay Shetty2
05/3/202209:25Encouraging read76

Add a New Thread

Finseta (FIN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:56:5038.672,8441,099.77O
08:14:1040.0010.40O
07:37:4539.48344135.79O
07:35:5739.555,0001,977.50O
07:05:4038.626,6852,581.75O

Finseta (FIN) Top Chat Posts

Top Posts
Posted at 22/5/2024 20:02 by chatchat
well let's go with new name new thread.

Personally not so fussed re Q1 update as they have said they are moving to 6 monthly.

Price action since results encouraging.
Posted at 20/5/2024 20:35 by chatchat
Finseta, formerly Cornerstone FS, has seen a re rating over recent months but the directors have ambitions to deliver significant further growth.

Shore Capital increased their price target to 70p - medium term Finseta looks to be one to buy and hold.

hxxps://www.voxmarkets.co.uk/articles/cornerstone-fs-finseta-doubles-revenues-achieves-maiden-profitability-in-fy23-d8b1f51!
Posted at 20/5/2024 18:47 by jonnybig
Stallone, finablr is in liquidation and it seems finseta has nicked the FIN ticker before finablr has been put to rest. Strange really cos finablr still exists.

spud
Posted at 20/5/2024 07:45 by z1co
20 May 2024



Finseta plc (formerly Cornerstone FS plc)

("Finseta" or the "Company")



Change of Name Effective



Further to its announcement on 20 March 2024, the Company announces that its change of name to Finesta plc has become effective.



Trading in the Company's ordinary shares on AIM under the new company name and the new TIDM of 'FIN' is expected to commence at 8.00 a.m. today, 20 May 2024. The ISIN (GB00BNG7CD28) and SEDOL (BNG7CD2) of the Company's ordinary shares will remain unchanged.



In order to reflect its new name, the Company's investor relations website address (including the information required by AIM Rule 26) has been changed to



Shareholder documents of title will be unaffected by the change of name and existing share certificates should be retained and remain valid. Any new share certificates to be issued will bear the new name, Finseta plc.
Posted at 08/7/2023 21:07 by trader219
Fin back trading next week lads at 03p
Posted at 26/5/2023 21:40 by trader219
I believe Fin goes back on London Stock Exchange on Tuesday trading at 50p
Posted at 19/10/2022 10:15 by trader219
Anyone know when finally fin will be finished my hl account still lists it on my isa with no current value
Posted at 17/12/2020 08:03 by h2owater
Thursday 17 December, 2020
Finablr PLC
Update on transaction of Finablr Limited

RNS Number : 9796I
Finablr PLC
17 December 2020

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014.





17 December 2020

Finablr PLC (the "Company")

Update on transaction of Finablr Limited

Background

Further to its announcement on 6 October 2020, the Company today announces that it has entered into a definitive agreement with Global Fintech Investments Holding AG ("GFIH"), an affiliate of Prism Group AG ("Prism") to sell to GFIH the entire issued share capital of Finablr Limited, the Company's wholly owned subsidiary. Finablr Limited owns the entire remainder of the Company's group (the "Target Group" and the "Transaction"). The Transaction will constitute the sale by the Company of its entire business and operations. Prism has formed a consortium with Abu Dhabi's Royal Strategic Partners ("RSP") in connection with the Transaction, as further described below.

Terms of the Transaction

The completion of the Transaction is subject to customary conditions, including the receipt of certain regulatory approvals.

In return for the transfer of the Target Group to GFIH, in addition to the nominal initial consideration of US$1 payable, GFIH is providing working capital support to the Target Group to enable it to continue to operate and to support various stakeholders in the Target Group, including employees and creditors of the Target Group. In addition, GFIH will undertake to support and facilitate the Company's continued efforts to recover funds from third parties in respect of possible historic wrongdoing within the Group. In this regard, subject to certain conditions, the Company and GFIH have agreed that GFIH shall pay to the Company, by way of additional consideration, a further amount equal to 25 per cent of any such funds received by the Target Group from third parties, up to a maximum of US$190,000,000. GFIH has also agreed certain provisions with the Company relating to the coordination of efforts to investigate possible historic wrong doing within the Target Group.

The Company intends to use the nominal consideration and any further consideration received to return value to its creditors, followed by its shareholders. Given the circumstances of the Company and the fact that absent the proposed funding from GFIH the Company will have insufficient working capital the Board of the Company believes that the Transaction is in the best interests of the shareholders of the Company.

Strategic rationale

Prism has formed a consortium with Abu Dhabi's RSP to rescue and rebuild the UAE-based financial services company, Finablr. Together, Prism aims to work with all stakeholders to revitalise the Target Group, which was a core pillar for cross border financial services in the UAE, providing currency exchange and remittance solutions that supported thousands of businesses and millions of customers around the world.

Prism and RSP are building a highly experienced executive management team to help lead the proposed transformation of Finablr. Through this transformation, Prism intends to create a world-leading, financial services platform for the emerging and frontier markets.

Prism and RSP believe they have a strong network within the key public and private sectors, which will bring tangible value and support to our all stakeholders including clients, employees, regulators, suppliers and third-party vendors.

Prism and RSP are working with established advisors to help find the optimal solution for the near-term and long-term benefit of the Target Group. Prism has retained Kirkland & Ellis, White & Case and Druces LLP as legal counsel, and a global restructuring firm as financial advisers.

Prism and RSP look forward to engaging with all stakeholders in connection with the proposed restructuring of the Target Group.



END
Posted at 09/10/2020 07:53 by jonjones777
Or rather search "FINABLR Share Price" instead of "FIN Share Price" to make sure the browser doesn't confuse it with Finnair Plc results. The rest remains the same.
Posted at 26/1/2020 12:43 by alamaison5
The FIN share price has gone down by over 50% in the last 6 months.
The 56% security request by BRS comes short of the original loan value.
BRS is certainly not going to recover the loan money by selling these. Anyway, they can't.
Only if FIN goes bankrupt...

FIN share price will rise on Monday but my guess is that it will fall straight back...to 100p? MMs like round numbers.

Let's not forget about the hacking which has badly damaged FIN's reputation.
And cost them money, even if THIS useless RNS on Friday says otherwise.
Finseta share price data is direct from the London Stock Exchange