Result of Bondholders Meeting

                                                                                                              12 September 2018

Clear Leisure Plc

(“Clear Leisure” or the “Company”)

Result of Bondholder Meeting

Clear Leisure is pleased to announce that, at the meeting of its bondholders held today at the Company's registered office at 22 Great James Street, London WC1N 3ES, the resolution announced on 6 August 2018 in respect of its €9.9 million Bond (the "Bonds") was passed.

Eufingest SA, which holds 43.48% of the issued Bonds, is a substantial shareholder of the Company’s issued share capital as defined by the AIM Rules for Companies, voted in favour of the resolution. The amendments to the terms of the Bonds is therefore a related party transaction pursuant to Rule 13 of the AIM Rules for Companies.

The directors of the Company (each of whom is independent of Eufingest), having consulted with the Company's Nominated Advisor, consider the alteration of the terms of the Bonds to be fair and reasonable insofar as shareholders are concerned.

-ends-

For further information please contact:

Clear Leisure Plc                                                                                     +39 335 296573
Francesco Gardin, CEO and Executive Chairman

SP Angel Corporate Finance (Nominated Adviser & Broker)         +44 (0)20 3470 0470
Jeff Keating / John Mackay                                                                                                 

Leander (Financial PR)                                                                    +44 (0) 7795 168 157
Christian Taylor-Wilkinson

About Clear Leisure Plc

Clear Leisure plc (AIM: CLP) is an AIM listed investment company with a portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy. The focus of management is to pursue the monetisation of all of the Company’s existing assets, through selected realisations, court-led recoveries of misappropriated assets and substantial debt-recovery processes. The Company has recently launched a joint venture initiative in the cryptocurrency mining sector. For further information, please visit, www.clearleisure.co.uk

UK 100