Fundraising

30 April 2015 Clear Leisure plc ("Clear Leisure" or "the Company) Fundraising The Board of Clear Leisure plc is pleased to announce that it has today raised a total of £110,000 (gross of expenses) through a placing of 11,000,000 ordinary shares of 0.25 pence ("Placing Shares") at a price of 1 pence per share. The funds raised will be used for general working capital purposes. The Placing Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 0.25 pence each in the capital of the Company, including the right to receive all dividends and other distributions declared, made or paid in respect of such shares after the date of issue of the Placing Shares. The Company has applied for admission of the Placing Shares to trading on AIM, a market operated by the London Stock Exchange plc (the "Admission"). It is expected that Admission will take place and that trading in the Placing Shares will commence on or around 7 May 2015. The Placing is conditional upon Admission becoming effective. Following Admission, the Company's enlarged issued share capital will comprise 210,409,377 Ordinary Shares. The Company holds no shares in treasury. Therefore the total number of Ordinary Shares with voting rights is 210,409,377 which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. For further information please contact: Clear Leisure Plc Tel: +39 02 4795 1642 Alfredo Villa, CEO ZAI Corporate Finance Limited (Nominated Adviser) Tel: +44 (0) 20 7060 2220 Tim Cofman / Daphne Zhang Peterhouse Corporate Finance (Joint Broker) Tel: +44 (0) 20 7469 0935 Jon Levinson / Heena Karani About Clear Leisure Plc Clear Leisure Plc (AIM: CLP) is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy but also other European countries. The Company may be either a passive or active investor and Clear Leisure's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions. For further information, please visit www.clearleisure.com
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