03 August 2018
Clear Leisure Plc
(“Clear Leisure”, “the Company”)
Appeal against
Result of Mediapolis Land Auction
Further to the Company’s announcement dated 26 July 2018 the board of Clear Leisure Plc (AIM:
CLP) announces that the Company has filed an appeal against the
result of the auction and the decision of the auctioneer to reject
the Company’s request to have the land assigned.
The Company’s Italian lawyers, having received a copy of the
minutes of the auction and the reasoning on which the auctioneer’s
decision to reject the assignment request was based, have advised
that the decision and the result of the auction can be
challenged.
The Company will issue further updates in due course.
-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
3407 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