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Director/PDMR Shareholding

29 Aug 2019 07:00

Clear Leisure Plc - Director/PDMR Shareholding

Clear Leisure Plc - Director/PDMR Shareholding

PR Newswire

London, August 28

29 August 2019

Clear Leisure Plc

(“Clear Leisure” or “the Company”)

Issue of Shares to Director at 0.75p and PDMR Shareholding

The board of Clear Leisure (AIM: CLP) announces that, in accordance with the terms of his employment, 4,000,000 ordinary shares of 0.25p each (“Ordinary Shares”) in the Company have been allotted and issued to Francesco Gardin at a price per share of 0.75p in settlement of that part of his 2018 remuneration payable through the issue of Ordinary Shares.

Following the issue of the new Ordinary Shares, Mr Gardin will hold 12,437,078 Ordinary Shares representing an interest of 2.05 % in the Company.

Application will be made for the new Ordinary Shares to be admitted to trading on AIM with admission expected to occur on or around 3 September 2019. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following admission, the Company's enlarged issued share capital will comprise 608,152,600 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 TransparencyRules.

Dealing Notification Form For Use By Person Discharging Managerial Responsibility and Their Closely Associated Persons

DirectorNo. of ordinary shares acquiredTotal no. of ordinary shares now heldPercentage of ordinary shares now held
Francesco Gardin4,000,00012,437,0782.05%

-ends-

For further information please contact:

Clear Leisure Plc +39 335 296573

Francesco Gardin, CEO and Executive Chairman

SP Angel Corporate Finance (Nominated Adviser & Broker) +44 (0)20 3470 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 the 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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1Details of the person discharging managerial responsibilities / person closely associated
a)NameFrancesco Gardin
2Reason for the notification
a)Position/statusDirector and Chairman 
b)Initial notification /AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameClear Leisure Plc
b)LEI213800FC5DEC582CRZ89
4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)Description of the financial instrument, type of instrument Identification codeOrdinary shares of 0.25p each in Clear Leisure Plc Identification code (ISIN) for Clear Leisure Plc ordinary shares: GB00B50P5B53
b)Nature of the transactionIssue on shares to Director 
c)Price(s) and volume(s)
 Price(s)Volume(s)
0.75p4,000,000
d)Aggregated information - Aggregated volume - Price n/a
e)Date of the transaction28 August 2019
f)Place of the transactionLondon, Outside a trading venue
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