4 October 2018
Clear Leisure Plc
(“Clear Leisure” or “the Company”)
Result of Appeal against the Result of Mediapolis Land Auctions
The Board of Clear Leisure (AIM: CLP) notifies shareholders that, with
reference to the legal appeal against the result of Mediapolis’ land auction
and the decision of the auctioneer to reject the Company’s request of
assignment, the Judge of the Ivrea Court ruled against the Company’s appeal.
Clear Leisure, however, has 15 days to challenge this decision again by filing
a further appeal, and will consult with its Italian legal advisers to decide
the best course of action.
The Company will issue further updates in due course.
-ends-
For further information please contact:
Clear Leisure
Plc
+39 335 296573 (tel:%2B390247951642)
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 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. The Company has recently launched a joint venture initiative in
the cryptocurrency mining sector. For further information, please visit,
www.clearleisure.co.uk
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