REG-Clear Leisure Plc: New Loan Facility

Quantum Blockchain TechnologiesAnnouncement

18/02/2020 14:55

18 February 2020

Clear Leisure Plc
(“Clear Leisure” or “the Company”)

New Loan Note Facility

The Company is pleased to announce that it has entered into a new unsecured
loan facility agreement (the “New Facility") with Eufingest SA
(“Eufingest”).

Under the New Facility, Eufingest will provide €150,000 at an interest rate
of 2.5 per cent per annum, repayable on 30 June 2020. The proceeds of the New
Facility will be used for working capital purposes. The New Facilty provided
by Eufingest is in addition to exisiting loans provided to the Company by
Eufingest as detailed in the RNS of 20 December 2019.

Eufingest is a substantial shareholder of the Company as defined by the AIM
Rules for Companies. The provision of the New Facility is a related party
transaction pursuant to AIM Rule 13 of the AIM Rules for Companies. The
directors of Clear Leisure, (both of whom are independent of Eufingest),
having consulted with its nominated adviser, consider that the transaction is
fair and reasonable insofar as its shareholders are concerned.

-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 which has
recently realigned its strategic focus to technology related investments, with
special regard to interactive media, blockchain and AI sectors. The Company
also owns shareholdings in a number of historic investments primarily in the
Italian real estate companies, which it is currently seeking compensation
through court action.

For further information, please visit, www.clearleisure.co.uk



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