TIDMCLSU TIDMTTM

RNS Number : 2614P

ClearStar,Inc.

24 May 2018

24 May 2018

ClearStar, Inc.

("ClearStar" or the "Company")

Director Share Purchase

ClearStar (AIM: CLSU), the technology and service provider to the background check industry, announces that André Schnabl, Non-executive Director of the Company, purchased 5,000 ordinary shares of $0.0001 in the Company ("Ordinary Shares") on 22 May 2018 and 10,000 Ordinary Shares on 24 May 2018, with both transactions at a price of 52.5 pence per Ordinary Share. Following this purchase, Mr. Schnabl holds 82,000 Ordinary Shares, representing approximately 0.2% of the issued share capital of the Company.

Enquiries

 
ClearStar, Inc. 
Robert J. Vale, Chief Executive 
 Officer 
 David Pattillo, Chief Financial 
 Officer                           +1 770 416 1900 
 
 
finnCap Ltd. 
Jonny Franklin-Adams, Simon 
 Hicks - Corporate Finance 
 Andrew Burdis, Abigail Wayne 
 - Corporate Broking               +44 20 7220 0500 
 
 
Luther Pendragon Ltd. 
Harry Chathli, Claire Norbury      +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                       André Schnabl 
---  -------------------------  --------------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Non-executive Director 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  --------------------------------- 
 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             Ordinary shares of US$0.0001 
       the Financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
--- 
      Identification             KYG2294M1134 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the                   Purchase of Ordinary Shares 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and                Price(s)       Volume(s) 
       volume(s)                  -------------  ---------- 
                                   52.5 pence     5,000 
                                    52.5 pence     10,000 
                                  -------------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information:    See (c) above 
        *    Aggregated volume    15,000 
                                  52.5 pence 
 
        *    Price 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    22 May 2018, 24 May 2018 
---  -------------------------  --------------------------------- 
 f)   Place of the               London Stock Exchange, AIM 
       transaction                Market (XLON) 
---  -------------------------  ---------------------------------

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 rns@lseg.com or visit www.rns.com.

END

DSHGMGZKNDNGRZM

(END) Dow Jones Newswires

May 24, 2018 13:09 ET (17:09 GMT)

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