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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Clear Leisure Plc | LSE:CLP | London | Ordinary Share | GB00B50P5B53 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.70 | 2.60 | 2.80 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMCLP
13 November 2018
Clear Leisure Plc
("Clear Leisure")
Update on Fortune Cookie and Mr Cooke Litigation
The board of Clear Leisure (AIM: CLP) wishes to notify shareholders that, on 9
November 2018, the High Court held a case management conference regarding
Brainspark Associates Limited's ("Brainspark") claim against Fortune Cookie
(UK) Limited ("Fortune Cookie"), part of WPP Plc's group of companies, and Mr
Justin Cooke.
As previously announced on 2 May 2018 and 11 May 2018, Brainspark, a wholly
owned subsidiary of Clear Leisure, filed the claim against Fortune Cookie and
Mr Cooke for breach of a share purchase agreement.
Mr Cooke's application for a preliminary issue hearing was dismissed and he was
ordered to pay Brainspark's costs of the application. The trial is currently
expected to take place sometime between May and July 2019.
-ends-
For further information please contact:
Clear Leisure Plc
Francesco Gardin, CEO and Executive Chairman
+39 335 296573
SP Angel Corporate Finance (Nominated Adviser & Broker)
Jeff Keating / John Mackay
+44 (0)20 3470 0470
Leander (Financial PR)
Christian Taylor-Wilkinson
+44 (0) 7795 168 157
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
November 13, 2018 02:00 ET (07:00 GMT)
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