TIDMCLSU TIDMTTM
RNS Number : 3411T
ClearStar,Inc.
03 July 2018
3 July 2018
ClearStar, Inc.
("ClearStar" or the "Company")
Grant and Reissue of Options
ClearStar (AIM: CLSU), the technology and service provider to
the background check industry, announces that, after market close
on 2 July 2018 (the "Grant Date"), it cancelled and reissued
1,293,000 options ("Reissued Options") over new ordinary shares of
US$0.0001 each in the Company ("Ordinary Shares") to certain
employees, including persons discharging managerial
responsibilities ("PDMRs") and an Executive Director, of the
Company under the ClearStar Share Option Incentive scheme. In
addition, on the same date, the Company granted 544,600 options
("New Options") over Ordinary Shares to certain employees,
including PDMRs and Executive Directors of the Company, also under
the ClearStar Share Option Incentive scheme.
The Reissued Options and New Options will expire on the fifth
anniversary of the Grant Date, with an exercise price of 85 US
cents per Ordinary Share, representing the closing price of the
Company's Ordinary Shares on AIM on 2 July 2018 of 64.5 pence
translated into US$ at the prevailing exchange rate (GBP1:$1.313).
The Reissued Options replace the options that were put in place at
the time of the Company's IPO and shortly after the IPO. These
options were due to expire in 2019 and 2020 respectively and have
therefore been reissued to provide long-term incentivisation to a
number of key employees.
Following the grant, the Company has a total of 2,314,765
options outstanding over Ordinary Shares, representing options over
6.4% of its total existing issued and outstanding ordinary share
capital. There are no shares held in treasury.
The Reissued Options and New Options have been granted to PDMRs
and Directors as follows:
PDMR/Director Number of Reissued Number of New Total number
Options Options of options held
Jennifer Balleza 30,000 6,000 69,000
------------------- -------------- -----------------
Kenneth Dawson (Director) - 186,000 186,000
------------------- -------------- -----------------
Nicolas Dufour 105,000 21,000 186,000
------------------- -------------- -----------------
Sherrie Franks 75,000 15,000 123,000
------------------- -------------- -----------------
Andrew Hellman 105,000 21,000 159,000
------------------- -------------- -----------------
Traci Ivester 105,000 21,000 186,000
------------------- -------------- -----------------
David Pattillo (Director) 105,000 21,000 186,000
------------------- -------------- -----------------
Todd Shoulberg 105,000 21,000 186,000
------------------- -------------- -----------------
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 Kenneth Dawson
-------------------------- ------------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------
a) Position/status Chief Information Officer and 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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- ------------------------------------------
b) Nature of the transaction Grant of options over Ordinary Shares
-------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 186,000
----------
-------------------------- ------------------------------------------
d) Aggregated information:
* Aggregated volume 186,000
85 US cents
* Price
-------------------------- ------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- ------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- ------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Pattillo
-------------------------- ------------------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------------
a) Position/status Chief Financial Officer and 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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- ------------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 105,000 cancelled and reissued
85 US cents options
21,000 new options granted
-------------------------------
-------------------------- ------------------------------------------------
d) Aggregated information:
* Aggregated volume 126,000
85 US cents
* Price
-------------------------- ------------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- ------------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- ------------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jennifer Balleza
-------------------------- -----------------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- -----------------------------------------------
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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- -----------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 30,000 cancelled and reissued
85 US cents options
6,000 new options granted
------------------------------
-------------------------- -----------------------------------------------
d) Aggregated information:
* Aggregated volume 36,000
85 US cents
* Price
-------------------------- -----------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- -----------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- -----------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Nicolas Dufour
-------------------------- ------------------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ------------------------------------------------
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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- ------------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 105,000 cancelled and reissued
85 US cents options
21,000 new options granted
-------------------------------
-------------------------- ------------------------------------------------
d) Aggregated information:
* Aggregated volume 126,000
85 US cents
* Price
-------------------------- ------------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- ------------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- ------------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Sherrie Franks
-------------------------- -----------------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- -----------------------------------------------
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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- -----------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 75,000 cancelled and reissued
85 US cents options
15,000 new options granted
------------------------------
-------------------------- -----------------------------------------------
d) Aggregated information:
* Aggregated volume 90,000
85 US cents
* Price
-------------------------- -----------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- -----------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- -----------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andrew Hellman
-------------------------- ------------------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ------------------------------------------------
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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- ------------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 105,000 cancelled and reissued
85 US cents options
21,000 new options granted
-------------------------------
-------------------------- ------------------------------------------------
d) Aggregated information:
* Aggregated volume 126,000
85 US cents
* Price
-------------------------- ------------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- ------------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- ------------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Traci Ivester
-------------------------- ------------------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ------------------------------------------------
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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- ------------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 105,000 cancelled and reissued
85 US cents options
21,000 new options granted
-------------------------------
-------------------------- ------------------------------------------------
d) Aggregated information:
* Aggregated volume 126,000
85 US cents
* Price
-------------------------- ------------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- ------------------------------------------------
f) Place of the transaction Off-market transaction
-------------------------- ------------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Todd Shoulberg
-------------------------- ------------------------------------------------
2. Reason for the Notification
----------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ------------------------------------------------
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 the Options over Ordinary shares of US$0.0001
Financial instrument,
type of instrument
Identification code KYG2294M1134
-------------------------- ------------------------------------------------
b) Nature of the transaction Cancellation and reissue of options,
and grant of new options over Ordinary
Shares
-------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
85 US cents 105,000 cancelled and reissued
85 US cents options
21,000 new options granted
-------------------------------
-------------------------- ------------------------------------------------
d) Aggregated information:
* Aggregated volume 126,000
85 US cents
* Price
-------------------------- ------------------------------------------------
e) Date of the transaction 2 July 2018
-------------------------- ------------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
MSCFKBDPOBKDFOK
(END) Dow Jones Newswires
July 03, 2018 02:00 ET (06:00 GMT)
Clearstar (LSE:CLSU)
Historical Stock Chart
From Apr 2024 to May 2024
Clearstar (LSE:CLSU)
Historical Stock Chart
From May 2023 to May 2024