Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

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We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


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If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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Clear Leisure Plc (CLP)

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Monday 28 November, 2016

Clear Leisure Plc

Bond Holder Meeting

28 November 2016

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

Bond Holder Meeting
on 16 December 2016

Clear Leisure (AIM: CLR), the leisure and property focused investment company, is pleased to announce that it has written to holders of its EUR 9.9m redeemable Bond (“the Bond"), due on 15 December 2017, calling a meeting at 10 am on 16 December 2016, at the Company's registered office 22 Great James Street, London WC1N 3ES to seek bondholder approval for the following:

    a.     To amend the final maturity of the bonds from 15 December 2017 to 15 December 2018, and 

    b.     To alter the repayment/redemption amount to be paid at final maturity from 114.49% to 103.03% of the nominal amount of the Bonds (giving an effective 1.0% annual interest rate, compared to the current 7.0%).

Bonds with a principal value of EUR 6.9m are entitled to vote of which EUR 3.0m are held by Eufingest, which has confirmed they will vote in favour of the resolutions.

Eufingest and its associates own 27.52% of the Company's equity and therefore the amendment of the terms falls to be treated as a related party transaction under the rules of AIM. The directors of Clear Leisure consider, having consulted with its Nominated Adviser, that the revised terms are fair and reasonable insofar as its shareholders are concerned.

The meeting requires a quorum of 75% of the voting bondholders. If the meeting is inquorate, a second meeting will be held on 30 December 2016 at which time, any number of bondholders present, or via proxy, will represent a valid quorum.

Bondholders who wish to vote and whose Bonds are held in the name of a broker, dealer, commercial bank, trust company or other nominee institution (including as CDIs) must contact such nominee promptly and instruct or make arrangements with such nominee to vote in accordance with the customary procedures of the Clearing Systems on behalf of the Bondholders. Proxies are due no later than 10am on 14 December 2015.

In the event the resolutions are passed, the Company will achieve a total reduction of EUR 792,000 (£671,000) on the interest charged on this bond.

Francesco Gardin, CEO and Executive Chairman of Clear Leisure, commented, “We

continue to focus on reduction of Company costs, both at the holding and subsidiary level, thus strengthening the Group’s consolidated balance sheet. Eufingest continues to be a supportive strategic shareholder and lender to the Group.”


For further information please contact:

Clear Leisure plc
Francesco Gardin, CEO and Executive Chairman
+39 335 296573
ZAI Corporate Finance (Nominated Adviser)
Tim Cofman/Jamie Spotswood/Peter Trevelyan-Clark
+44 (0)20 7060 2220
Peterhouse Corporate Finance (Joint Broker)
Lucy Williams / Heena Karani
+44 (0) 20 7469 0935
Cadogan Leander (Financial PR)
Christian Taylor-Wilkinson
+44 (0) 7795 168 157

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 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, 

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