Clear Leisure Plc Completion of Settlement Claim
11 January 2019 - 1:11AM
UK Regulatory
TIDMCLP
10 January 2019
Clear Leisure Plc
("Clear Leisure" or "the Company")
Completion of High Court Case Settlement
The Board of Clear Leisure (AIM: CLP) is pleased to announce that, further to
the announcement on 12 December 2018, the Company has now received both
tranches of the settlement of GBP1.15 million (before legal and insurance
expenses of nearly GBP300,000) from the defendants in the High Court case.
As announced on 12 December 2018, the first tranche of GBP500,000 was payable by
14 December 2018 and the second tranche of GBP650,000 was payable by 7 March
2019.
-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 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 realigned its strategic focus to 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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