ClearStar,Inc. Director/PDMR Shareholding (0140J)

TIDMCLST TIDMCLSU

RNS Number : 0140J

ClearStar,Inc.

14 December 2015

14 December 2015

ClearStar, Inc.

("ClearStar" or the "Company")

Director/PDMR Shareholding

ClearStar (AIM: CLST), the technology and service provider to the background check industry, announces that, on 14 December 2015, Mr. Ken Dawson, Chief Information Officer and a Director of the Company, sold 481,000 ordinary shares of US$0.0001 each in the Company ("Ordinary Shares") at a price of 36.5 pence per Ordinary Share, which represents the closing price of the Company's shares on AIM on Friday 11 December 2015. The 481,000 Ordinary Shares were purchased at the same price as follows:

   --     Directors of ClearStar: 275,000 Ordinary Shares 
   --     Employees of ClearStar: 9,000 Ordinary Shares 
   --     Persons connected with ClearStar or its employees: 197,000 Ordinary Shares 

Following the transaction, the Directors of ClearStar have an interest in the Ordinary Shares of the Company as outlined below:

 
 Director          Number of       Number of      Percentage 
                    shares prior    shares post    of share capital 
                    to transfer     transfer       post transfer 
----------------  --------------  -------------  ------------------ 
 Barney Quinn*            75,000        150,000                0.41 
----------------  --------------  -------------  ------------------ 
 Ken Dawson            5,006,000      4,525,000               12.46 
----------------  --------------  -------------  ------------------ 
 David Pattillo          930,400      1,110,400                3.06 
----------------  --------------  -------------  ------------------ 
 André 
  Schnabl                      -         45,000                0.12 
----------------  --------------  -------------  ------------------ 
 

*The interests of Barney Quinn include 25,000 Ordinary Shares held by his wife, Jennifer Quinn

Enquiries

 
 ClearStar, Inc. 
----------------------------------  ----------------- 
 Robert J. Vale, Chief Executive 
  Officer 
  David Pattillo, Chief Financial 
  Officer                            [phone] 
----------------------------------  ----------------- 
 
 Cenkos Securities plc 
----------------------------------  ----------------- 
 Max Hartley, Mark Connelly 
  - Corporate Finance 
  Julian Morse - Sales               [phone] 
----------------------------------  ----------------- 
 
 Luther Pendragon Ltd 
----------------------------------  ----------------- 
 Harry Chathli, Claire Norbury, 
  Oli Hibberd                        [phone] 
----------------------------------  ----------------- 
 

About ClearStar

ClearStar, Inc. is a leading and trusted background check technology, 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 14, 2015 12:07 ET (17:07 GMT)