Clear Leisure expects answer on Mediapolis by end of April
14th Apr 2014 08:26
Clear Leisure, the AIM-listed investment company currently involved in court proceedings relating to its proposal for the restructuring of its troubled Mediapolis business, said it has presented all the relevant documentation and financial warranties to the Ivrea court on schedule. The group said
Read moreClear Leisure plunges on ORH liquidation plan
12th Feb 2014 08:45
Shares in investment company Clear Leisure slumped on Wednesday after announcing its decision to liquidate ORH SpA, its 73.43 per cent-owned hotel and travel business. The decision came after the discovery by the company of a sizable, undisclosed debt position mainly on the African hotels under OR
Read moreClear Leisure plummets as Italian travel unit suspends operations
22nd Oct 2013 15:18
Italy-focused investment group Clear Leisure lost almost half of its value on Tuesday after its majority-owned travel division ORH was forced to temporarily suspend operations. The company said that the decision was due to a number of factors affecting its African hotel subsidiaries as well as the
Read moreClear Leisure gives positive indication for full year figures
8th Apr 2013 09:01
Clear Leisure, an investment company with assets in the Italian leisure sector, has boosted its share price after unveiling an upbeat trading statement ahead of its full year final results. The group reported an unaudited non-consolidated profit of £0.52m, compared to a loss of £13m in 2011, of whi
Read more