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Court Hearing Update

14 Apr 2014 07:00

Clear Leisure Plc(“Clear Leisure” or “the Company”)

Court Hearing Update

The Company advises shareholders that it presented all the relevant documentation and financial warranties to the Ivrea court on Friday 11 April, as scheduled. The Directors are confident the Company’s case was received positively and they will update shareholders as to the final ruling of the court, once the judge has considered the aforementioned documents. Due to the Easter holidays, the Company expects this will be towards the end of the month.

-ends-

For further information please contact:

Clear Leisure Plc +39 02 4795 1642
Alfredo Villa, CEO
Cairn Financial Advisers LLP (Nominated Adviser) +44 (0) 20 7148 7900
Jo Turner
Peterhouse Corporate Finance (Joint Broker) +44 (0) 20 7469 0935
Jon Levinson / Heena Karani
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 pursuing a dynamic strategy to create a comprehensive portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy but also other European countries. 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

Copyright Business Wire 2014

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