15 May
2020
Clear Leisure
Plc
(“Clear Leisure” or “the
Company”)
Response to Share
Price Movement
The board of Clear Leisure notes the recent rise in the
Company's share price and confirms that it is not aware of any
reason for the increase.
Discussions with the Mediapolis receiver regarding the transfer
of funds have been continuing for several months; however, no
conclusions have been reached with regards to these
discussions.
There has been no material developments in respect of the
Company’s other legal cases since the announcement of 6 May 2020.
As previously disclosed, the Company will provide an update to
shareholders in respect of these matters in due course.
-ends-
This announcement
contains inside information for the purposes of Article 7 of EU
Regulation 596/2014
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
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
which has recently realigned its strategic focus to technology
related investments, with special regard to interactive media,
blockchain and AI sectors. The Company also owns shareholdings in a
number of historic investments primarily in the Italian real estate
companies, which it is currently seeking compensation through court
action.
For further information, please
visit, www.clearleisure.co.uk