Result of General Meeting& Mediapolis Court Update

RNS Number : 4560O

Clear Leisure PLC

17 May 2018

 

17 May 2018

Clear Leisure plc
  ("Clear Leisure" or "the Company")

Result of General Meeting

Mediapolis Court Update

Clear Leisure (AIM: CLP) is pleased to announce that at a general meeting of the Company held earlier today, all resolutions as set out in the circular sent to shareholders, and in respect of the matters set out in the Company's announcement dated 2 May 2018, were approved.

Mediapolis Court update

Further to the announcement released on 2 May 2018 detailing the hearing at the Ivrea Court to discuss additional creditor positions proposed by the receiver to Mediapolis, the Company confirms that it is currently awaiting confirmation from the receiver that the list of creditors approved on 13 April 2018 is final. As previously noted by the Company, 16 May 2018 was last day for filing claims by creditors.

An announcement detailing the decision of the Ivrea Court will be published as soon as the Company has received confirmation of the final creditor list from the receiver.

-ends-

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information please contact:

Clear Leisure Plc
[phone]
Francesco Gardin, CEO and Executive Chairman

SP Angel Corporate Finance (Nominated Adviser & Broker)
[phone]
Jeff Keating / John Mackay

Leander (Financial PR)
[phone]
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

 

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