Clear Leisure Plc - Holding(s) in Company

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS

1a. Identity of the issuer or the                  Clear Leisure Plc
underlying issuer of existing shares to
which voting rights are attached

1b. Please indicate if the issuer is a non- issuer (please mark with an “X”
if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with
an “X”)

An acquisition or disposal of voting rights                                   X

An acquisition or disposal of financial instruments                           X

An event changing the breakdown of voting rights

Other (please specify)

3. Details of person subject to the notification obligationiv

Name                                    Pegasus Pirouette Capital London Ltd

City and country of registered office   London United Kingdom
(if applicable)

4. Full name of shareholder(s) (if different from 3.)

Name

City and country of registered office
(if applicable)

5. Date on which the threshold was      17/02/2021
crossed or reached:

6. Date on which issuer notified        22/02/2021
(DD/MM/YYYY):

7. Total positions of person(s) subject to the notification obligation

                    % of voting rights % of voting rights Total of both in % Tot
                    attached to shares through financial     (8.A + 8.B)     al
                     (total of 8. A)      instruments                        num
                                       (total of 8.B 1 +                     ber
                                             8.B 2)                          of
                                                                             vot
                                                                             ing
                                                                             rig
                                                                             hts
                                                                             of
                                                                             iss
                                                                             uer

Resulting situation 3 %                       1.1%        4.1%               897
on the date on                                                               ,55
which threshold was                                                          1,8
crossed or reached                                                           51

Position of         1.2%               1.1%               2.3%
previous
notification (if
applicable)UK

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

A: Voting rights attached to shares

Class/type of Number of voting rights            % of voting rights
shares
ISIN code (if        Direct           Indirect        Direct        Indirect
possible)      (Art 9 of Directive   (Art 10 of     (Art 9 of      (Art 10 of
              2004/109/EC) (DTR5.1)  Directive      Directive      Directive
                                    2004/109/EC)  2004/109/EC)    2004/109/EC)
                                     (DTR5.2.1)      (DTR5.1)      (DTR5.2.1)

              26,932,277                         3%

SUBTOTAL 8. A             26,932,277                          3%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))

Type of       Expiration Exercise/   Number of voting rights that % of voting
financial     date       Conversion  may be acquired if the       rights
instrument               Period      instrument is
                                     exercised/converted.

CFD Long      N/A        N/A         10,000,000                   1.1%

                         SUBTOTAL 8. 10,000,000                   1.1%
                         B 1

9. Information in relation to the person subject to the notification
obligation (please mark the applicable box with an “X”)

Person subject to the notification obligation is not controlled by any       X
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer

Full chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity (please add additional rows as
necessary)

Place of completion 

Date of completionLondon17/02/2021