REG-Clear Leisure Plc: Reorganisation of interest in Ondaland and Asset Value <Origin Href="QuoteRef">CLPC.L</Origin>

Quantum Blockchain TechnologiesAnnouncement

30/04/2015 11:50

30 April 2014

                               Clear Leisure Plc                               

                      ("Clear Leisure" or "the Company")                       

            Reorganisation of interest in Ondaland and Asset Value             

The Company is pleased to announce the completion of the audits of the
companies holding its interests in Sipiem/TLT (Ondaland Water Park) as of
December 31, 2014.

The the net asset value attributable to Clear leisure, shown by these accounts
is €7,614,460 or £5,930,000.

The Company owns 50.1% of Sipiem, and through this company an interest of 66%
in the company owing the Ondaland waterpark. The Company has signed an
agreement in principle to swap this interest for 100% of the Ondaland's real
estate assets which were evaluated by a December 2014 appraisals at €7,500,000.
This deal is expected to complete during 2015, and Clear Leisure's Italian
advisor Foradvisor srl, is actively negotiation the final terms.


For further information please contact:

Clear Leisure Plc                                 Tel: +39 02 4795 1642
Alfredo Villa, CEO

ZAI Corporate Finance Limited (Nominated Adviser) Tel: +44 (0) 20 7060 2220    
Tim Cofman / Daphne Zhang                                                      

Peterhouse Corporate Finance (Joint Broker)       Tel: +44 (0) 20 7469 0935
Jon Levinson / Heena Karani


About Clear Leisure Plc

Clear Leisure Plc (AIM: CLP) is an AIM listed investment company pursuing a
dynamic strategy to create a comprehensive portfolio of companies primarily
encompassing the leisure and real estate sectors mainly in Italy but also other
European countries. The Company may be either a passive or active investor and
Clear Leisure's investment rationale ranges from acquiring minority positions
with strategic influence through to larger controlling positions. For further
information, please visit www.clearleisure.com



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