CLP.L Regulatory News (CLP)

2 March 2015 Clear Leisure plc ("Clear Leisure" or "the Company) Fundraising The Board of Clear Leisure plc is pleased to announce that the Company hassigned an agreement to raise £250,000 by way of a secured, short term debt("the Loan"). The funds raised will be secured against the shares of Alnitak Sarl("Alnitak"), the vehicle which controls the entire share capital of theHospitality & Leisure Fund ("H&L Fund"). The completion of the sale of the H&LFund is expected before 15 June 2015 as change of control provisions arerequired prior to its sale. The loan is not convertible into new ordinaryshares and is repayable by the earlier of 1 September 2015 or on receipt of thefunds from the sale of Alnitak The Company is further in discussion to provideadditional security to the lender by way of its zero coupon bond. Transfer of the funding is expected in the week commencing 2 March 2015 and a furtherannouncement will be made in due course. For further information please contact: Clear Leisure plc +39 02 4795 1642Alfredo Villa, CEO Cairn Financial Advisers LLP (Nominated Adviser) +44 (0) 20 7148 7900Jo Turner / Liam Murray Peterhouse Corporate Finance (Broker) +44 (0) 20 7469 0935Lucy Williams / Heena Karani About Clear Leisure Plc Clear Leisure Plc (AIM: CLP) is an AIM listed investment Company pursuing adynamic strategy to create a comprehensive portfolio of companies primarilyencompassing the leisure and real estate sectors mainly in Italy but also otherEuropean countries. The Company may be either a passive or active investor andClear Leisure's investment rationale ranges from acquiring minority positionswith strategic influence through to larger controlling positions. For furtherinformation, please visit, www.clearleisure.com