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

Quantum Blockchain TechnologiesAnnouncement

26/01/2018 15:10

                   
                                                                                            
26 January 2018

Clear Leisure Plc

(“Clear Leisure” or “the Company”)

Placing to raise £350,000

The board of Clear Leisure (AIM: CLP) is delighted to announce that it has
today raised £350,000 (gross of expenses) through the placing of 58,333,334
new ordinary shares ("Placing Shares") at a price of 0.6p per share (the
"Placing"). The Placing, which was over-subscribed, is with certain existing
and new investors. The funds raised will be used for working capital purposes,
the repayment of selected existing debt and to develop the Company’s
cryptocurrency strategy.

Application has been made for the Placing Shares to be admitted to trading AIM
with admission expected to occur on 1 February 2018.  The Placing Shares will
rank pari passu with the existing ordinary shares of nominal value 0.25p
each in the capital of the Company (the "Ordinary Shares").

Following Admission, the Company's enlarged issued share capital will comprise
368,624,620 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.

Francesco Gardin, CEO and Executive Chairman of Clear Leisure, commented,
“The Company has been presented with a unique opportunity to increase its
presence in the mining of cryptocurrencies. We intend to execute this strategy
at our earliest convenience, taking benefit in the current market interest in
cryptocurrencies and be among the first companies on AIM to move into this
potentially exciting sector in the UK.”

-ends-

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
("MAR"). Upon the publication of this announcement via Regulatory Information
Service ("RIS"), this inside information is now considered to be in the public
domain. 

For further information please contact:

Clear Leisure Plc    +39 335 296573
Francesco Gardin, CEO and Executive Chairman

SP Angel Corporate Finance (Nominated Adviser & Joint Broker)        
+44 (0)20 3407 0470
Jeff Keating / John Mackay / Charlie Bouverat                      
                                           

Peterhouse Corporate Finance (Joint 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. Under its existing investment policy the Company can seek new
investment opportunities, in different sectors, including information
technology. For further information, please visit, www.clearleisure.co.uk



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