Clear Leisure Plc Completion of Settlement Claim

 
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            [phone] 
Francesco Gardin, CEO and Executive Chairman 
 
SP Angel Corporate Finance (Nominated Adviser & Broker)         [phone] 
0470 
Jeff Keating / John Mackay 
 
 
Leander (Financial PR)                                [phone] 
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 
 
 
 
END 
 

(END) Dow Jones Newswires

January 10, 2019 09:11 ET (14:11 GMT)