17 July
17
Clear Leisure Plc
Mediapolis Court Hearing
Update
As announced on 15 June, the court hearing to consider the
petition by the Court Prosecutor of Ivrea to wind up Mediapolis Srl
took place on 23 June.
At the hearing, Mediapolis Srl submitted additional
documentation for the consideration of the court. A decision
of the court, with respect to the winding up petition of the Court
Prosecutor, has not yet been received.
The Company will provide a further update to shareholders when
the findings of the court are received.
-ends-
For further information please
contact:
Clear Leisure plc
+39 335 296573
Francesco Gardin, CEO and Executive
Chairman
ZAI Corporate Finance (Nominated Adviser)
+44 (0)20 7060 2220
Tim Cofman/Peter Trevelyan-Clark
Peterhouse Corporate Finance (Broker) +44
(0) 20 7469 0935
Lucy Williams / 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
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.com