REG-Clear Leisure Plc: Placing

Quantum Blockchain TechnologiesAnnouncement

19/03/2018 14:26

                      
                                                                                            
16 March 2018

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

Placing to raise £300,000

The board of Clear Leisure (AIM: CLP) is pleased to announce that it has today
raised £300,000 (before expenses) through the placing of 42,857,143 new
ordinary shares ("Placing Shares") at a price of 0.7p 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,
legal costs associated with debt recovery and to continue the development of
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 21 March 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
433,803,192 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-

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
Francesco Gardin, CEO and Executive Chairman
+39 335 296573

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

Leander (Financial PR)
Christian Taylor-Wilkinson
+44 (0) 7795 168 157

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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