26 May 2020
Clear Leisure Plc
(“Clear Leisure” or “the Company”)
ForCrowd Srl
Business Update
The board of Clear Leisure (AIM: CLP) is pleased to provide
shareholders with an update on the progress of the Company’s
investment in ForCrowd Srl (“ForCrowd”).
Despite the disruption caused by Covid-19 pandemic, the first
equity crowdfunding campaign for B4TECH srl, went live on 19 May on
the ForCrowd (Milan) regulated
crowdfunding platform.
B4TECH srl, a digital technology company, has developed two
application platforms within the new concept of digital ecosystems.
These being:
· “B-SMART 4.0” which provides installation,
technical support and maintenance of household appliances and
equipment, providing material cost savings for the consumer.
Artificial Intelligence (AI) tools are a key component of the
platform
· “CONCEPT STORE 4.0” is a set of tools
helping to create new shopping experiences, based on the merging of
“physical and digital” shopping.
The minimal funding target is €250,000, with a maximum
fundraising target of €500,000.
Francesco Gardin, Clear
Leisure CEO and Chairman of ForCrowd, commented: “I am
extremely pleased for the first equity crowdfunding campaign to
have been launched, despite all the difficulties caused by
Covid-19.
“The high digital technology standards of this innovative
startup should attract, we believe, sufficient investors to meet
the equity crowdfunding minimal target. Several other startups,
currently under evaluation, have been lined-up to launch their
campaigns on ForCrowd.
“Moreover, the tax relief for Italian investors in innovative
startups, as in the case of B4TECH, as of this month has been
increased from 30% to 50%, effectively making this kind of
investment extremely attractive.”
-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
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