31 October
2019
Clear Leisure
Plc
(“Clear Leisure” or “the
Company”)
PBV Monitor Enters
into Publishing Contract with Major Italian Publishing Group
The Board is pleased to announce that PBV Monitor Srl, (“PBV
Monitor”) the Italian legal database company in which the Company
holds a 10% interest, has signed a publishing contract with Class
Editori SpA, (“Class Editori”) the second largest Italian financial
publishing group, listed on the Milan Stock Exchange. A description
of the media group is provided in the footnote.
Under the terms of the agreement PBV will provide all relevant
content, from its legal database, to produce a comprehensive annual
report on Italian law firms, which will be published by Class
Editori within its existing publications.
Each edition of the report will have an associated “national
annual award”, organised by Class Editori.
The relevance of this agreement is particularly important for
PBV Monitor, as it is confirmation of the quality and uniqueness of
its legal database. Further, PBV Monitor believes the deal will
also help increase the reach of its flagship product, the
Intelligence Search, into large law firms and in-house corporate
lawyers, where it charges an annual subscription price of
€14,640.
The Class Editori contract, establishes an editorial model which
can be replicated in many different territories, at virtually at no
cost to PBV Monitor, as all the relevant worldwide information has
already been collated in its legal database, which is updated daily
by its analysts. PBV Monitor has advised the Company that its
database is already under assessment by a number of large
London based law firms.
Francesco Gardin, CEO and
Chairman of the Company commented, “We are particularly pleased
by the agreement, because it could provide a meaningful increase in
revenues, at virtually no cost for PBV Monitor, whilst also
increasing the profile and reach of PBV Monitor’s flagship product
to a wider market.”
-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
About Class Editori SpA
Class Editori is a leading multimedia publishing house, covering
newspapers (MF/Milano Finanza, MFFashion ItaliaOggi), magazines
(Capital, Class, Gambero Rosso, Gentleman, Patrimoni, MFF, MFL, MF
International, Global Finance and Lombard in English, Gentleman,
Eccellenza Italia, in Mandarin, Italian and English), websites, the
news agency MF-Dow Jones News (a joint venture with Dow Jones &
co.), radio, guides and specialist publications. It has a unique TV
positioning with the channels, Class CNBC (with NbC Universal, is
broadcasted on the Sky satellite platform on channel no. 507),
Class TVModa (Sky no. 180), Class Life (Sky no. 507) and Gambero
Rosso HD (Sky no. 412). It is a leader in the segment of GO TV with
Telesia. Class provides online trading services (MF Trading2),
financial information and reporting (MF Pro) and analysis from the
central credit register of the Bank of Italy (MF Centrale Risk). Its activities are
completed with events and training through the Milano Finanza and
ItaliaOggi Business Schools, Assinform-Dal Cin Editore and the
Gambero Rosso Wine & Food Academy. Class Editori's partnerships
with Chinese companies include Xinhua News and China Media Group.
It is also the official reseller of Tencent WeChat in Italy. Class Editori is the main shareholder
of Standard Ethics, the rating of sustainability’s international
agency.