|Bid||1.050 x 0|
|Ask||1.150 x 0|
|Day's range||1.072 - 1.120|
|52-week range||0.500 - 1.890|
|PE ratio (TTM)||1.12|
|Earnings date||5 Jul 2018 - 9 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The new authorised shares will provide a level of comfort to the Company should it need to raise additional funds for legal expenses or other matters in conjunction with its portfolio of investments, including its crypto-currency strategy. The Notice of General Meeting, Circular and proxy forms for the General Meeting has been posted to shareholders.
The board of Clear Leisure (AIM:CLP) is pleased to announce that it has today raised £300,000 (before expenses) through the placing of 42,857,143 new ordinary shares ("Placing Shares") at a price of 0.7p per share (the "Placing"). The Placing, which was over-subscribed, is with certain existing and new investors. The funds raised will be used for working capital purposes, legal costs associated with debt recovery and to continue the development of the Company’s cryptocurrency strategy.
Clear Leisure (AIM:CLP) is pleased to announce that, following its notification on 19 January 2018 regarding the Company’s 50% owned joint venture, Miner One Limited (“Miner One”), a blockchain data centre operator, the first data mining computers (“miners”) have now completed testing and the Mining Mobile Unit (“MMU”) is operational and ready to be shipped to its permanent home in Serbia, once the latest order of miners is fulfilled. The Company can further confirm that the first fractions of Bitcoins have already been extracted in ‘mining pool mode’, where the available Miner One computing power has been pooled with other cryptocurrency miners and taken a portion of the mining results.
28 February 2018 Clear Leisure Plc (“Clear Leisure” or “the Company”) Total Voting Rights In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces ...
The Company is pleased to announce that the proposal of the receiver to Mediapolis (as announced by the Company on 22 February 2017) made to the Ivrea Court, that Clear Leisure 2017 Limited (“CL2017”), the Company’s wholly owned subsidiary, holds a first charge over the land plot owned by Mediapolis Srl has now been approved by the Court in the amount of €2,678,357. This figure excludes part of the accrued interest claimed by the Company on debt acquired from certain Italian banks in 2017, but which has not been accepted as part of the first charge.
The Company has been informed by its Italian legal adviser that the joint appeal against the Mediapolis Srl winding up petition, as announced on 21 November 2017, has been rejected by the Turin Appeal Court. The legal advisers to the Company are currently assessing the Court ruling to consider the opportunity of appealing the judgement in the Italian High Court. Clear Leisure has also received from the appointed receiver of Mediapolis a ‘creditor ranking’ proposal with confirmation of the Company’s wholely owned subsidiary, Clear Leisure 2017 Ltd, having first charge right on the land plot.
The board of Clear Leisure (AIM:CLP) is delighted to announce that it has today raised £350,000 (gross of expenses) through the placing of 58,333,334 new ordinary shares ("Placing Shares") at a price of 0.6p per share (the "Placing"). The Placing, which was over-subscribed, is with certain existing and new investors. The funds raised will be used for working capital purposes, the repayment of selected existing debt and to develop the Company’s cryptocurrency strategy.
Clear Leisure (AIM:CLP) is pleased to announce that, following its notification on 27 December 2017 regarding the Company’s investment in Miner One Limited, a blockchain data centre operator, it has completed the acquisition of the first batch of computer “miners”, representing 20% of the planned final computing power, and has acquired the mobile unit in which the IT infrastructure will be housed. An order for additional miners has been placed with a leading manufacturer and will be dispatched as soon as practical, albeit that extremely high demand for Bitcoin mining ASIC computers is affecting delivery schedules worldwide. As notified on 27 December 2017, Eufingest, the beneficial holder of 27.81 per cent of the ordinary share capital of the Company, agreed to lend Clear Leisure €200,000 to fund the Company’s 50% share of the Miner One Limited joint-venture’s mining blockchain data centre: the first tranche of €50,000 has now been released by Eufingest.
On 7 December 2017, the Company announced that it intended to pursue two legal claims for an approximate combined value of £2.5 million. On 28 December, at a meeting of the shareholders of Sosushi Company Srl, (“Sosushi”), a subsidiary of Clear Leisure in which the Company has a 99.3% interest, the current sole director of Sosushi, who was appointed by the Company, was authorised to file a claim to recover damages against the former directors of Sosushi for gross mismanagement. Additionally, the Board is pleased to announce that the Company has entered into a further unsecured convertible loan facility agreement (the “Facility") with Eufingest SA (“Eufingest”).
Since the current Board was appointed in July 2015, it has sought to find the most beneficial way to monetise the Company’s assets. There has been no such issue with the Company’s 4.53% holding in GeoSim, the fair value of which is carried in Clear Leisure’s audited accounts, at 31 December 2016, at £634,000. An opportunity has now arisen for Clear Leisure, with Eufingest’s support, to participate in establishing a Bitcoin mining blockchain data centre in a UK incorporated joint venture company, Miner One Limited (“Miner One”).
On 10 October 2017, through no fault of the Company, the Company’s then nominated adviser, ZAI Corporate Finance Limited had its status as a Nominated Advisor removed. As the Company had not confirmed a replacement nominated adviser by 19 October 2017, AIM temporarily suspended trading in the Company’s shares. On the same day, the Ivrea Court in Turin, announced on its website, that it had found in favour of a petition by the Court Prosecutor to wind up Clear Leisure’s Italian subsidiary, Mediapolis srl.
Embargoes until 2.30pm 17 November 2017 Clear Leisure Plc (“Clear Leisure” or “the Company”) Appointment of Nominated Adviser & Joint Broker Lifting of Suspension The Company is pleased to announce the ...
The Board of Clear Leisure is disappointed to advise that despite every effort to the contrary, including the settlement of debts owing by its subsidiary, Mediapolis srl, amounting to circa €10million, the Ivrea Court has determined to rule in favour of the winding up petition of the local prosecutor. Although the judgement has yet to be formally received by Mediapolis, the Court website published, on October 19th its judgement and, the appointment of a receiver. On receiving such formal communication, Mediapolis’s Directors will have 30 days to appeal.
19 October 2017 Clear Leisure Plc (“Clear Leisure”, or “the Company”) NOMAD UPDATE As previously disclosed the Company’s Nominated Adviser will no longer be authorised as at 7am 19 October 2017 . At that ...
AIM Regulations has informed the Company yesterday, after the market closed, that an announcement was made pursuant to Rule 32 of the AIM Rules for Nominated Advisers (“Nomad Rules”). Pursuant to Nomad Rule 11, the Exchange has determined to remove the nominated adviser status of ZAI Corporate Finance Limited (“ZAI”), Clear Leisure’s Nomad, for failure to meet, on a continuing basis, nominated adviser eligibility criteria as set out in Nomad Rule 2. ZAI will be removed from the register of nominated advisers at 7am, 19 October 2017, so as to provide additional time for those AIM companies for whom ZAI currently provides nominated adviser services, to appoint a new nominated adviser.
As previously advised by the Company, the Ivrea Court reconvened today for the hearing to consider the winding up petition of Mediapolis srl. The Company has irrevocably committed to convert the full amount of this €4.29 million in Mediapolis srl into new capital, at a General Meeting of Mediapolis’ shareholders to be held in due course.