Clear Leisure plc is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies within the leisure sector and its broader associated industries.

Clear Leisure is headquartered in London with the majority of its operations located within Italy. Clear Leisure's core assets, where the Company owns a majority controlling stake, include a leading Italian hotel management company (Ora Hotels), Italy's largest sushi restaurant chain (Sosushi), Italy's most successful water theme park (Ondaland), and a 670,000 sq m (165 acres) tract of real estate, which has been approved for the development of a major theme park, hotel, shopping complex and commercial activities (Mediapolis).

Clear Leisure's investing strategy allows it to be either a passive or active investor and the Company's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions. It is usual for one or more members of the Clear Leisure board to take a seat on the board of the investee companies.
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Low market cap 2,52M
210,409,377 Ordinary Shares
26M shares in the free float
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Major Shareholders on 6th May 2014
EUFINGEST S.A. 27.6%
ALFREDO VILLA 14.2%
LUKE JOHNSON 12.5%
LYNCHWOOD NOMINEES LIMITED 10.0%
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD 9.2%
COFIRCONT COMPAGNIA FIDUCIARIA 7.5%
RELGILCO SRL 6.3%

yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

i would not want to be out of clp this weekend!

gla

Nice Florey of late buying last Friday

2p target from Zak mir today :-)

rns - YUM!

YUM!

0.725P +0.125P

Clear Leisure plc
LOAN FACILITY FOR £200,000 FROM RELATED PARTY

The Board is pleased to announce that it has entered into a loan facility agreement (the Facility") with Eufingest S.A ("Eufingest"), a Swiss investor and major shareholder in the Company.

Under the Facility, Eufingest provides a facility of £200,000 at an interest rate of 3 per cent per annum. The Facility is repayable on 29 October 2017. The Facility will be fully drawn down immediately.

The proceeds of the Facility will be used for general working capital purposes.

The Company may repay the Facility early at any time without penalty. Before 29 December 2015, the Company may convert the outstanding balance of the Facility into ordinary shares in the share capital of the Company ("Shares") at the rate of 0.68 pence per Share.

At any time after 29 December 2015, Eufingest may convert the outstanding balance of the Facility into Shares at the rate of 0.68 pence per Share.

Eufingest is the beneficial holder of more than 10 per cent of the ordinary share capital of the Company. Eufingest is as "related party" for the purposes of the AIM Rules.

The Directors of the Company (each of whom is independent from Eufingest), having consulted with the Company's NOMAD believe the transaction to be fair and reasonable and to be in the best interests of all shareholders.

Francesco Gardin, CEO and Chairman of Clear Leisure, commented, "We are pleased to have secured this loan from one of our longest standing shareholders and which will enable us to continue the process of restructuring the Company to help us realise the value of our non-core assets."

The new management seems able to l turn around by new year. Strange they hinted at repayment by 29th December of this year. Maybe a sale is lined up already.

Looks like you locked on to this one in May .....

Another 50% ???

All your 0000.2 and 0000.3 doesn't disguise the falls.

Someone - maybe jimmy - got no satisfaction on playing with a "peanut willy"

so comes and plays here

That's quite funny keep it up.
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mentor (ˈmɛntɔː )
Definitions
noun
a wise or trusted adviser or guide

▷ verb
to act as a mentor to (someone); train..
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We all follow you :)

;

here we go..........................................................

3 v 1

I posted earlier somewhere else.......

16 Dec'15 - 10:01
KEEP an EYE

CLP 0.75p +0.075p

3er day on the rise and large volume today AGAIN over 3M on 2 hours of trading. Bouncing from lows

:-D

onwards and upwards

:-)

looking good for another run........................

don't let this go under your radars - news shortly...................

:-)
http://www.tribunaleivrea.it/allegatinews/A_12209.pdf