Jan 28 (Reuters) - Clear Leisure PLC CLPC.L :
* BUSINESS UPDATE - PBV AND FORCROWD
* PBV, IN WHICH COM HAS 10% STAKE, HAS RECEIVED EUR 300,000
FROM
ITALIAN INVESTMENT CO WHICH HAS ALSO HELD MINORITY STAKE IN CO
SINCE 2017
* FUNDS HAVE BEEN RAISED AT PRE-NEW MONEY VALUATION OF EUR
3M,
SIMILAR TO VALUATION AT WHICH CO MADE OWN INVESTMENT IN PBV IN
DEC 2018
* FRANCESCO GARDIN, CO'S CEO & EXECUTIVE CHAIRMAN, WILL
BECOME
FORCROWD'S CHAIRMAN & WILL NOT RECEIVE ANY REMUNERATION FOR THIS
ROLE
Source text for Eikon: ID:nPRrS18BCa
Further company coverage: CLPC.L
((Reuters.Briefs@thomsonreuters.com;))