10th Jul 2019 07:00
10 July 2019
ClearStar, Inc.
("ClearStar" or the "Company")
Director/PDMR Shareholding
ClearStar (AIM: CLSU), a provider of Human Capital Integrity℠ technology-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 |
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finnCap Ltd. | +44 20 7220 0500 |
Jonny Franklin-Adams, Marc Milmo, Simon Hicks - Corporate Finance Andrew Burdis - ECM |
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Luther Pendragon Ltd. | +44 20 7618 9100 |
Harry Chathli, Claire Norbury, Joe Quinlan |
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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
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c) | Price(s) and volume(s) |
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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 | ||||
Related Shares:
CLSU.L