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Clear Leisure Plc (CLP)

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Monday 01 October, 2018

Clear Leisure Plc

Update on Mediapolis Land Auction Appeal

                                                                                                                  01 October 2018

Clear Leisure Plc

(“Clear Leisure” or “the Company”)

Update on Mediapolis Land Auction Appeal

The Board of Clear Leisure (AIM: CLP) wishes to announce that at the first hearing of the appeal against the decision of the auctioneer to reject the Company’s request to have the Mediapolis land assigned to the Company, the Judge of the Ivrea Court confirmed that he will rule on the matter within the next 10 business days.

The Company will issue further updates in due course, but understands that these decisions can sometimes be delayed.

-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


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