REG-Clear Leisure Plc: Placing <Origin Href="QuoteRef">CLPC.L</Origin>

Quantum Blockchain TechnologiesAnnouncement

17/07/2017 13:35

17 July 2017

Clear Leisure Plc

("Clear Leisure" or "the Company")

Placing

The Board of Clear Leisure Plc announces that it has today raised a total of
£150,000 (gross of expenses) through a placing of 13,043,478 ordinary shares
of 0.25 pence ("Placing Shares") at a price of 1.15 pence per share. The funds
raised will be used for general working capital purposes and to help fund the
current litigation to recover past investments.

The issue of the Placing Shares is conditional, inter alia, on admission to
trading on AIM (“Admission”). Application has been made for the Admission
of the Shares and it is expected to occur at 8.00 am on 21 July 2017. On
Admission, the Shares will rank pari passu with the Company’s existing
Ordinary Shares.

Following Admission, the Company's enlarged issued share capital will comprise
302,745,131 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
Transparency Rules.

-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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