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Clear Leisure Says Eufingest Extends Repayment Of Two Loan Notes

Tue, 24th Dec 2019 12:00

(Alliance News) - Clear Leisure PLC said on Friday last week that Eufingest SA, which holds a 13% stake in the company, agreed to extend the repayment of EUR1.3 million and GBP30,000 loan notes to April 28.

Italy-focused leisure, real estate and cryptocurrency investor said all other terms and conditions of the loans remain unchanged.

The company has an additional EUR2.5 million loan with Eufingest which matures on April 28,

therefore the total of loans owed to Eufingest by Clear Leisure and due on that date is EUR3.8 million and GBP30,000.

Francesco Gardin, executive chair and chief executive officer, said: "I wish to thank Eufingest for its continuous and ongoing support to the company, as demonstrated once again."

Clear Leisure shares were untraded in London on Tuesday at 0.30 pence.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

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