31 October 2019
Clear Leisure Plc
(“Clear Leisure” or “the Company”)
PBV Monitor Enters into Publishing Contract with Major Italian Publishing
Group
The Board is pleased to announce that PBV Monitor Srl, (“PBV Monitor”) the
Italian legal database company in which the Company holds a 10% interest, has
signed a publishing contract with Class Editori SpA, (“Class Editori”) the
second largest Italian financial publishing group, listed on the Milan Stock
Exchange. A description of the media group is provided in the footnote.
Under the terms of the agreement PBV will provide all relevant content, from
its legal database, to produce a comprehensive annual report on Italian law
firms, which will be published by Class Editori within its existing
publications.
Each edition of the report will have an associated “national annual
award”, organised by Class Editori.
The relevance of this agreement is particularly important for PBV Monitor, as
it is confirmation of the quality and uniqueness of its legal database.
Further, PBV Monitor believes the deal will also help increase the reach of
its flagship product, the Intelligence Search, into large law firms and
in-house corporate lawyers, where it charges an annual subscription price of
€14,640.
The Class Editori contract, establishes an editorial model which can be
replicated in many different territories, at virtually at no cost to PBV
Monitor, as all the relevant worldwide information has already been collated
in its legal database, which is updated daily by its analysts. PBV Monitor has
advised the Company that its database is already under assessment by a number
of large London based law firms.
Francesco Gardin, CEO and Chairman of the Company commented, “We are
particularly pleased by the agreement, because it could provide a meaningful
increase in revenues, at virtually no cost for PBV Monitor, whilst also
increasing the profile and reach of PBV Monitor’s flagship product to a
wider market.”
-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 two-fold: 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 and to seek technology related investments, with
special regard to interactive media, blockchain and AI sectors. For further
information, please visit, www.clearleisure.co.uk
About Class Editori SpA
Class Editori is a leading multimedia publishing house, covering newspapers
(MF/Milano Finanza, MFFashion ItaliaOggi), magazines (Capital, Class, Gambero
Rosso, Gentleman, Patrimoni, MFF, MFL, MF International, Global Finance and
Lombard in English, Gentleman, Eccellenza Italia, in Mandarin, Italian and
English), websites, the news agency MF-Dow Jones News (a joint venture with
Dow Jones & co.), radio, guides and specialist publications. It has a unique
TV positioning with the channels, Class CNBC (with NbC Universal, is
broadcasted on the Sky satellite platform on channel no. 507), Class TVModa
(Sky no. 180), Class Life (Sky no. 507) and Gambero Rosso HD (Sky no. 412). It
is a leader in the segment of GO TV with Telesia. Class provides online
trading services (MF Trading2), financial information and reporting (MF Pro)
and analysis from the central credit register of the Bank of Italy (MF
Centrale Risk). Its activities are completed with events and training through
the Milano Finanza and ItaliaOggi Business Schools, Assinform-Dal Cin Editore
and the Gambero Rosso Wine & Food Academy. Class Editori's partnerships with
Chinese companies include Xinhua News and China Media Group. It is also the
official reseller of Tencent WeChat in Italy. Class Editori is the main
shareholder of Standard Ethics, the rating of sustainability’s international
agency.
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