REG-Clear Leisure Plc: Mediapolis Court Hearing Update <Origin Href="QuoteRef">CLPC.L</Origin>

Quantum Blockchain TechnologiesAnnouncement

20/07/2017 14:35

20 July 2017

Clear Leisure Plc

(“the Company”)

Mediapolis Court Hearing Update

Further to the Company’s announcement on 26 June, the Board is pleased to
announce that, the Court has agreed to accept the submission of additional
debt settlement agreements reached with Mediapolis creditors. The Court has
agreed to re-open the information acquisition phase of the hearing, which was
previously closed on 23 of June, in order to assess the latest documents
provided.

Mediapolis is entitled to provide any additional settlements achieved with
creditors in the meantime.

The Company will provide a further update to shareholders when the findings of
the court are received.

Francesco Gardin, CEO and Executive Chairman of Clear Leisure, commented,
“Although this does not guarantee a successful outcome, this is a
significant step forward for us; getting the courts to re-open the case based
on the new documentation we have submitted is a very positive legal result.”

-ends-

For further information please contact:

Clear Leisure
plc                                                                                       
+39 335 296573

Francesco Gardin, CEO and Executive Chairman

ZAI Corporate Finance (Nominated
Adviser)                                   
+44 (0)20 7060 2220

Tim Cofman / John Treacy

Peterhouse Corporate Finance
(Broker)                                         
+44 (0) 20 7469 0935

Lucy Williams / Heena Karani

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. For further information, please visit, www.clearleisure.com



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