30 April 2015
Clear Leisure plc
("Clear Leisure" or "the Company)
Fundraising
The Board of Clear Leisure plc is pleased to announce that it has today raised
a total of £110,000 (gross of expenses) through a placing of 11,000,000
ordinary shares of 0.25 pence ("Placing Shares") at a price of 1 pence per
share.
The funds raised will be used for general working capital purposes.
The Placing Shares will, when issued, be credited as fully paid and will rank
pari passu in all respects with the existing ordinary shares of 0.25 pence each
in the capital of the Company, including the right to receive all dividends and
other distributions declared, made or paid in respect of such shares after the
date of issue of the Placing Shares.
The Company has applied for admission of the Placing Shares to trading on AIM,
a market operated by the London Stock Exchange plc (the "Admission"). It is
expected that Admission will take place and that trading in the Placing Shares
will commence on or around 7 May 2015.
The Placing is conditional upon Admission becoming effective.
Following Admission, the Company's enlarged issued share capital will comprise
210,409,377 Ordinary Shares. The Company holds no shares in treasury. Therefore
the total number of Ordinary Shares with voting rights is 210,409,377 which
figure may be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Clear Leisure Plc Tel: +39 02 4795 1642
Alfredo Villa, CEO
ZAI Corporate Finance Limited (Nominated Adviser) Tel: +44 (0) 20 7060 2220
Tim Cofman / Daphne Zhang
Peterhouse Corporate Finance (Joint Broker) Tel: +44 (0) 20 7469 0935
Jon Levinson / Heena Karani
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
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