REG-Clear Leisure Plc: Postponement of Sipiem Court Hearing

Quantum Blockchain TechnologiesAnnouncement

30/10/2019 07:05

30 October 2019

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

Postponement of First Hearing of Sipiem SpA Claim

The Company announces that it has received notification from its Italian
advisers that the first hearing in relation to the legal action against the
former directors of Sipiem SpA (“Sipiem”) in the Venice court has been
postponed from its original date of 6 November 2019 and is now expected to be
held in early February 2020. The reason for the postponement is due to the
court having a large back-log of cases still to be heard before the Sipiem
case.

-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



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