30 October
2019
Clear Leisure Plc
(“Clear Leisure” or “the Company”)
Postponement of
First Hearing of Sipiem SpA Claim
The Company announces that it has received notification from its
Italian advisers that the first hearing in relation to the legal
action against the former directors of Sipiem SpA (“Sipiem”) in the
Venice court has been postponed
from its original date of 6 November
2019 and is now expected to be held in early February 2020. The reason for the postponement is
due to the court having a large back-log of cases still to be heard
before the Sipiem case.
-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 the management is
two-fold: 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 and to seek technology related investments, with special
regard to interactive media, blockchain and AI sectors. For further
information, please visit, www.clearleisure.co.uk