Clear Leisure reaches 'full and final' £1.15m settlement
12th Dec 2018 09:35
(Sharecast News) - Clear Leisure announced on Wednesday that, following the case management conference at the High Court on 9 November, a full and final settlement has been reached with the defendants in the sum of £1.15m before legal and insurance expenses of nearly £0.3m payable in cash to the company.
Read moreClear Leisure denied appeal in Mediapolis case
3rd Dec 2018 14:04
(Sharecast News) - Investment firm Clear Leisure has been denied an appeal by the Ivrea Court against its previous decision to refuse assignment of land owned by now-defunct Italian outfit Mediapolis to the company.
Read moreMediapolis litigation continues to drag as Clear Leisure awaits another court date
24th Oct 2018 09:41
(Sharecast News) - Clear Leisure updated the market on its appeal in the ongoing litigation over Mediapolis on Wednesday.
Read moreClear Leisure files an appeal against court's decision in Mediapolis case
18th Oct 2018 09:53
(Sharecast News) - Italian-focused investment firm Clear Leisure told investors it had filed an appeal against the decision of the Ivrea Court to refuse assignment of 497,884 square metres of land owned by now-defunct outfit Mediapolis to the company.
Read moreClear Leisure's request to block Mediapolis land sale rejected
4th Oct 2018 08:33
(Sharecast News) - Italian-focused investment firm Clear Leisure told investors on Thursday that a judge of in the town of Ivrea has ruled against the company's appeal to reject the auction of 497,884 square metres of land owned by Mediapolis.
Read moreClear Leisure suffers cryptocurrency delay, awaits next Mediapolis hearing
20th Sep 2018 14:11
(Sharecast News) - Clear Leisure updated the market on its cryptocurrency mining data centre and the ongoing Mediapolis appeal on Thursday, reporting that as of Wednesday, the centre - Miner One - has extracted approximately 0.454 Bitcoins and 17.045 Litecoins in pool mining mode.
Read moreClear Leisure enters into convertible loan facility with Eufingest
3rd Feb 2017 14:38
(ShareCast News) - Clear Leisure announced on Friday that it has entered into an unsecured convertible loan facility agreement with Eufingest, a Swiss investor and major shareholder in the company. The AIM-traded firm said under the facility, Eufingest would provides €60,000 at an interest rate of
Read moreClear Leisure agrees €300,000 loan facility
18th Nov 2016 13:27
(ShareCast News) - AIM-listed investment company Clear Leisure has entered into an unsecured convertible loan facility agreement with Swiss investor and major shareholder Eufingest S.A. Under the facility, which is repayable on 30 April next year, Eufingest will provide €300,000 at an interest rate
Read moreClear Leisure sells Ascend Capital stake, secures new loan facility
21st Jun 2016 12:40
(ShareCast News) - AIM-listed investment company Clear Leisure has sold its 9.9% stake in Ascend Capital for £50,000 and secured a new loan facility. It said the deal adds just a modest amount to its working capital, but "the positive outcome is the result of the thorough investigation which the new
Read moreClear Leisure board closer to calculating company's value
30th Mar 2016 10:54
(ShareCast News) - Beleaguered investment company Clear Leisure updated the market on its investigations into just what it owns on Wednesday, providing some clarity - but remaining far from any final answers. The AIM-traded company's board was appointed to a firm in disarray in July 2015, and at the
Read moreClear Leisure secures GBP200,000 loan from shareholder
30th Oct 2015 09:49
(ShareCast News) - Clear Leisure has entered into a loan facility agreement with Eufingest, a Swiss investor and major shareholder in the company. Eufingest will provide a facility of £200,000 at an interest rate of 3% per year, repayable on 29 October 2017. Clear Leisure said the facility will be
Read moreClear Leisure CFO Jagatia resigns
19th Aug 2015 09:38
(ShareCast News) - Clear Leisure announced the resignation of its chief financial officer Nilesh Jagatia with immediate effect due to "other work commitments". "The board would like to thank Nilesh for his invaluable help over the past three years and we wish him well with his other business activit
Read moreClear Leisure leaps on Italian theme park developments
24th Feb 2015 13:40
Shares in AIM tiddler Clear Leisure soared from their miniscule base on encouraging news about the valuation of its investment in an Italian theme park company and potential interested buyers for some or all of its assets. After Clear Leisure, which is the investment vehicle of Italian financier Alf
Read moreClear Leisure shares lose 15%
18th Aug 2014 16:05
Clear Leisure, has received a formal letter from the government of Regione Piemonte in Italy in support of the Mediapolis project, the company announced on Monday. Following the support from the Italian county's government and as a result of the licences granted, the company has announced it is con
Read moreClear Leisure acquires Hospitality and Leisure Fund
27th May 2014 14:43
Leisure investor Clear Leisure has acquired an Italian real estate fund, owner of four holiday resort hotels, in anticipation of a recovery in the region in the next two years. Clear Leisure, formerly named Brainspark, said it bought a 100% interest in the Hospitality & Leisure Fund for an unspeci
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