Reschedule of Loan Notes

RNS Number : 4599C

Clear Leisure PLC

16 October 2015

 

16 October 2015

Clear Leisure plc

("Clear Leisure","the Group" or "the Company")

Reschedule of Loan Notes repayments dates

The Company has agreed with loan note holders to reschedule the repayment dates of notes for EUR 400,000 and GBP 330,000, plus interest. Of this sums, EUR 200,000 and GBP 330,000 fell due for payment in October 2015 and EUR 200,000 was already due. The repayment date of the notes has now been extended to 31 December to 2015. Revised interest terms are still being negotiated.

-ends-

For further information please contact:

Clear Leisure plc

Francesco Gardin, CEO and Executive Chairman

Tel: [phone] 

ZAI Corporate Finance Limited (Nominated Adviser)

Tel: [phone]

Tim Cofman /  Jamie Spotswood / Peter Trevelyan Clark

Peterhouse Corporate Finance (Broker)

Tel: [phone]

Lucy Williams/Heena Karani   

Cadogan Leander (Financial PR)

[phone]

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, http://www.clearleisure.com

 

END

 

 

MSCUVSARVOARAUA