REG-Clear Leisure Plc: Result of Mediapolis AGM <Origin Href="QuoteRef">CLPC.L</Origin>

Quantum Blockchain TechnologiesAnnouncement

22/06/2017 07:00

                                                                                                                           
22 June 17

Clear Leisure Plc
("Clear Leisure", "the Company" or “the Group”)

Result of Mediapolis AGM

On 15 June 2017, Clear Leisure announced that the Court Prosecutor of Ivrea,
Metropolitan City of Turin, had filed a winding-up request on Mediapolis srl,
the Group’s 74.67% directly owned subsidiary. The Company further announced
that a hearing of the court had been set for 23 June 2017, at which Mediapolis
srl is to provide evidence of its continuing discussion with its creditors.

Clear Leisure also announced that Mediapolis srl had called a shareholder
meeting (“AGM”) for 21 June both to approve the accounts for the year
ending December 2016 and to discuss the winding-up petition and possible
further funding by its shareholders.

At the Mediapolis AGM held on 21 June 2017, shareholders;

 1. Approved the 2016 financial accounts, reporting a profit of EUR 335,000,
and           

 2. Shareholders present indicated their support for Mediapolis to raise
funds to satisfy creditors, subject to Mediapolis srl not being wound up by
the court and that the land remains under the ownership of Mediapolis srl.

A further General Meeting will be held by Mediapolis following the court
hearing on 23 June.

-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/Peter
Trevelyan-Clark                                                                            

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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