Clear Leisure Plc Result of Mediapolis Appeal

 
TIDMCLP 
 
4 October 2018 
 
                               Clear Leisure Plc 
 
                      ("Clear Leisure" or "the Company") 
 
        Result of Appeal against the Result of Mediapolis Land Auctions 
 
The Board of Clear Leisure (AIM: CLP) notifies shareholders that, with 
reference to the legal appeal against the result of Mediapolis' land auction 
and the decision of the auctioneer to reject the Company's request of 
assignment, the Judge of the Ivrea Court ruled against the Company's appeal. 
 
Clear Leisure, however, has 15 days to challenge this decision again by filing 
a further appeal, and will consult with its Italian legal advisers to decide 
the best course of action. 
 
The Company will issue further updates in due course. 
 
                                    -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) 
                                                                    +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 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 launched a joint venture initiative in the 
cryptocurrency mining sector. For further information, please visit, 
www.clearleisure.co.uk 
 
 
 
END 
 

(END) Dow Jones Newswires

October 04, 2018 02:00 ET (06:00 GMT)