Clear Leisure prepares to file court appeal over Mediapolis theme park

Writer, Stock Market Wire
Friday, February 1, 2019 - 14:10

Clear Leisure said it had been informed that it now had six months to file a court appeal related to its Mediapolis theme park proposal, as opposed to the 60 days previously communicated.

The company said it had in any case already instructed its legal advisors to draft and file the appeal.

Clear Leisure said it had also been notified that, at a court hearing, the creditors list of Mediapolis had been updated to include late admission requests.

The court had admitted further unsecured creditors to the amount of €104,719 and other creditors ranked above unsecured creditors, but below the first charge, for €100,067.

The company's subsidiary, Clear Leisure 2017, as the beneficiary of a first charge on the Mediapolis land up around €2.7m, whilst the company and the subsidiary also held an unsecured creditor position of around €8.21m on Mediapolis.

At 2:10pm: (LON:CLP) Clear Leisure PLC share price was 0p at 0.62p


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