29 August 2019
Clear Leisure Plc
(“Clear Leisure” or “the Company”)
Issue of Shares to Director at 0.75p and PDMR Shareholding
The board of Clear Leisure (AIM: CLP) announces that, in accordance with the
terms of his employment, 4,000,000 ordinary shares of 0.25p each (“Ordinary
Shares”) in the Company have been allotted and issued to Francesco Gardin at
a price per share of 0.75p in settlement of that part of his 2018 remuneration
payable through the issue of Ordinary Shares.
Following the issue of the new Ordinary Shares, Mr Gardin will hold 12,437,078
Ordinary Shares representing an interest of 2.05 % in the Company.
Application will be made for the new Ordinary Shares to be admitted to trading
on AIM with admission expected to occur on or around 3 September 2019. The new
Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following admission, the Company's enlarged issued share capital will comprise
608,152,600 Ordinary Shares.
This figure may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change in their interest in, the share capital of the
Company under the FCA's Disclosure and TransparencyRules.
Dealing Notification Form For Use By Person Discharging Managerial
Responsibility and Their Closely Associated Persons
Director No. of ordinary shares acquired Total no. of ordinary shares now held Percentage of ordinary shares now held
Francesco Gardin 4,000,000 12,437,078 2.05%
-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 the 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 realigned its strategic
focus to technology related investments, with special regard to interactive
media, blockchain and AI sectors. For further information, please visit,
www.clearleisure.co.uk
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Francesco Gardin
2 Reason for the notification
a) Position/status Director and Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Clear Leisure Plc
b) LEI 213800FC5DEC582CRZ89
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument Identification code Ordinary shares of 0.25p each in Clear Leisure Plc Identification code (ISIN) for Clear Leisure Plc ordinary shares: GB00B50P5B53
b) Nature of the transaction Issue on shares to Director
c) Price(s) and volume(s)
Price(s) Volume(s)
0.75p 4,000,000
d) Aggregated information - Aggregated volume - Price n/a
e) Date of the transaction 28 August 2019
f) Place of the transaction London, Outside a trading venue
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