12 Mar 2019 07:00
12 March 2019
ClearStar, Inc.
("ClearStar" or the "Company")
Director Shareholding
ClearStar (AIM: CLSU), the technology and service provider to the background check industry, announces that Ken Dawson, Chief Information Officer and a Director of the Company, has sold an aggregate of 198,000 ordinary shares of $0.0001 in the Company ("Ordinary Shares") in two transactions as follows:
· 10,000 Ordinary Shares on 7 March 2019 at a price of 61 pence per Ordinary Share
· 188,000 Ordinary Shares on 11 March 2019 at a price of 55 pence per Ordinary Share
Following these transactions, Mr. Dawson holds 4,090,000 Ordinary Shares, representing 11.3% of the issued share capital of the Company.
Enquiries
ClearStar, Inc. |
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Robert J. Vale, Chief Executive Officer Jennifer Balleza, Chief Financial Officer | +1 770 416 1900 |
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finnCap Ltd. |
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Jonny Franklin-Adams, Simon Hicks - Corporate Finance Andrew Burdis - ECM | +44 20 7220 0500 |
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Luther Pendragon Ltd. |
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Harry Chathli, Claire Norbury, Joe Quinlan | +44 20 7618 9100 |
About ClearStar
ClearStar, Inc. is a leading and trusted background check technology, medical screening, strategic services, and decision-making information provider to employers and background screening companies.
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.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
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 | Ken Dawson | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Director & CIO/CISO | ||||
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 | Sale of Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
198,000 55.3 pence | ||||
e) | Date of the transaction | 7 March 2019, 11 March 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||