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ClearStar,Inc. (CLSU)

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Wednesday 10 July, 2019

ClearStar,Inc.

Director/PDMR Shareholding

RNS Number : 0104F
ClearStar,Inc.
10 July 2019
 

10 July 2019

 

ClearStar, Inc.

("ClearStar" or the "Company")

 

Director/PDMR Shareholding

 

ClearStar (AIM: CLSU), a provider of Human Capital Integritytechnology-based services specialising in background and medical screening, was informed on 9 July 2019 that on 10 June 2019, Robert Vale, Chief Executive Officer of the Company, transferred 1,613,000 ordinary shares of $0.0001 in the Company ("Ordinary Shares") to High West Capital Partners as collateral for a loan (the "Transfer").

 

Following the Transfer, Robert Vale is beneficially interested in a total of 9,693,000 Ordinary Shares representing approximately 26.7% of the Company's issued share capital.

 

 

Enquiries:

 

ClearStar, Inc.

+1 877 796 2559

Robert Vale, Chief Executive Officer

Jennifer Balleza, Chief Financial Officer

 

 

 

finnCap Ltd.

+44 20 7220 0500

Jonny Franklin-Adams, Marc Milmo, Simon Hicks - Corporate Finance

Andrew Burdis - ECM

 

 

 

Luther Pendragon Ltd.

+44 20 7618 9100

Harry Chathli, Claire Norbury, Joe Quinlan

 

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

About ClearStar

 

ClearStar, Inc. is a leading provider of Human Capital Integrity℠ technology-based services specialising in background and medical screening. It provides employment intelligence direct to employers and via channel partners/consumer reporting agencies ("CRAs") to support better recruitment and other decisions affecting employees by increasing the quality, reliability and visibility of information.

 

A seven-time Inc. 5000 honouree and founding member of the National Association of Professional Background Screeners, ClearStar has provided innovative technology solutions to businesses in the human capital management industry from its corporate offices in Alpharetta, Georgia since 1995. For more information about ClearStar, please visit: www.clearstar.net



 

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

Robert Vale

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

ClearStar, Inc.

b)

LEI

213800C2DK3HCM3R9T19

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, type of instrument

Ordinary shares of US$0.0001 ("Ordinary Shares")

Identification code

KYG2294M1134

b)

Nature of the transaction

Transfer of Ordinary Shares

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

1,613,000

d)

Aggregated information:

·    Aggregated volume

·    Price

 

1,613,000

n/a

e)

Date of the transaction

10 June 2019

f)

Place of the transaction

Off market transaction

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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