16 Dec 2015 15:36
16 December 2015
Clear Leisure plc
("Clear Leisure", "the Group" or "the Company")
Bond Holder Meeting
adjourned to 31 December 2015
On 26 November, the Company announced that it had written to holders of its EUR 9.9 million Zero Coupon Bond (the "Bond"), due 15 December 2015, convening a meeting at 10 am on 16 December 2015, at the Company's registered office at 22 Great James Street, London WC1N 3ES.
All Bondholders who were present indicated that they wished to vote in favour. They represented over 36.36 per cent of nominal amount of Bonds outstanding.
However, insufficient Bondholders were present to form a quorum and the Meeting was adjourned to 10 am on 31 December 2015 at the Company's registered office.
The quorum requirement at the adjourned meeting is reduced from Bondholders present in person or by proxy holding Bonds representing 66.66 per cent to such Bondholders holding 25 per cent.
Bondholders who wish to vote and whose Bonds are held in the name of a broker, dealer, commercial bank, trust company or other nominee institution (including as CDIs) must contact such nominee promptly and instruct or make arrangements with such nominee to vote in accordance with the customary procedures of the Clearing Systems on behalf of the Bondholders. Proxies are due no later than 10am on 29 December 2015.
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For further information please contact:
Clear Leisure plc +39 335 296573
Francesco Gardin, CEO and Executive Chairman
ZAI Corporate Finance (Nominated Adviser)
Tim Cofman/Jamie Spotswood/Peter Trevelyan-Clark +44 (0)20 7060 2220
Peterhouse Corporate Finance (Joint Broker) +44 (0) 20 7469 0935
Lucy Williams / Heena Karani
Cadogan 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 Company may be either a passive or active investor and Clear Leisure's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions. For further information, please visit, www.clearleisure.com