NOMAD Update

Clear Leisure Plc - NOMAD Update

PR Newswire

London, October 18

19 October 2017

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

NOMAD UPDATE

As previously disclosed the Company’s Nominated Adviser will no longer be authorised as at 7am 19 October 2017. At that point the Company's shares will be suspended from trading on AIM, pursuant to AIM Rule 1.

If the Company does not then appoint a replacement Nominated Adviser within one month of suspension (by 20 November 2017), admission of the Company's shares to trading on AIM will be cancelled.

The Company's board are continuing with its efforts to secure a new Nominated Adviser and it is currently in discussions with a replacement nominated adviser.

-ends-

For further information please contact:

Clear Leisure plc +39 335 296573Francesco Gardin, CEO and Executive Chairman

Peterhouse Corporate Finance (Broker) +44 (0) 20 7469 0935Lucy Williams / Heena Karani

Leander (Financial PR) +44 (0) 7795 168 157Christian 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 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. For further information, please visit, www.clearleisure.co.uk

This announcement contains information which was previously inside information for the purposes of Article 7 of the Market Abuse Regulation EU Regulation 596/2014.