Clear Leisure Plc Placing

 
TIDMCLP 
 
26 January 2018 
 
                               Clear Leisure Plc 
 
                      ("Clear Leisure" or "the Company") 
 
                           Placing to raise GBP350,000 
 
The board of Clear Leisure (AIM: CLP) is delighted to announce that it has 
today raised GBP350,000 (gross of expenses) through the placing of 58,333,334 new 
ordinary shares ("Placing Shares") at a price of 0.6p per share (the "Placing 
"). The Placing, which was over-subscribed, is with certain existing and new 
investors. The funds raised will be used for working capital purposes, the 
repayment of selected existing debt and to develop the Company's cryptocurrency 
strategy. 
 
Application has been made for the Placing Shares to be admitted to trading AIM 
with admission expected to occur on 1 February 2018.  The Placing Shares will 
rank pari passu with the existing ordinary shares of nominal value 0.25p each 
in the capital of the Company (the "Ordinary Shares"). 
 
Following Admission, the Company's enlarged issued share capital will comprise 
368,624,620 Ordinary Shares. This figure may be used by shareholders in the 
Company as the denominator for the calculations by which they will determine if 
they are required to notify their interest in, or a change in their interest 
in, the share capital of the Company under the FCA's Disclosure and 
Transparency Rules. 
 
Francesco Gardin, CEO and Executive Chairman of Clear Leisure, commented, "The 
Company has been presented with a unique opportunity to increase its presence 
in the mining of cryptocurrencies. We intend to execute this strategy at our 
earliest convenience, taking benefit in the current market interest in 
cryptocurrencies and be among the first companies on AIM to move into this 
potentially exciting sector in the UK." 
 
                                    -ends- 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
("MAR"). Upon the publication of this announcement via Regulatory Information 
Service ("RIS"), this inside information is now considered to be in the public 
domain. 
 
For further information please contact: 
 
Clear Leisure Plc    [phone] 
Francesco Gardin, CEO and Executive Chairman 
 
SP Angel Corporate Finance (Nominated Adviser & Joint Broker)         +44 (0)20 
3407 0470 
Jeff Keating / John Mackay / Charlie Bouverat 
 
 
Peterhouse Corporate Finance (Joint Broker)     [phone] 
Lucy Williams / Heena Karani 
 
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. Under its existing investment policy the Company can seek new 
investment opportunities, in different sectors, including information 
technology. For further information, please visit, www.clearleisure.co.uk 
 
 
 
END 
 

(END) Dow Jones Newswires

January 26, 2018 10:06 ET (15:06 GMT)