Investment in PBV Monitor

About this update from Quantum Blockchain Technologies Plc

                                                                                                               28 December 2018 Clear Leisure Plc(“Clear Leisure” or “the Company”) Investment in PBV Monitor The board of Clear Leisure (AIM: CLP) is pleased to announce the acquisition of a 10 per cent interest in PBV Monitor Srl (“PBV”), an Italian company specialising in the acquisition and dissemination of data for the legal services industry, utilising proprietary market intelligence tools and dedicated search software. The consideration of £278,750, will be settled by the issue of 35,365,389 Clear Leisure new ordinary shares. The shares are being issued at a 21% premium to the closing market price on 27 December 2018. Over the past four years, PBV, trading under the brand of “PBV & Partners”, has assembled and analysed the activity of over 8,600 law firms worldwide and over 100,000 business lawyers in 100 jurisdictions, producing approximately 43,000 articles that have regularly been published on the Global Legal Chronicle (globallegalchronicle.com), a trusted news source for lawyers and businesses, available in English, Italian and French. PBV processes approximately 12 thousand corporate transactions per year. Relevant information such as details of the law firms, partners, junior lawyers and corporates involved in each transaction and the size of the deal is stored to offer the users of its web platform (www.pbvmonitor.com) an accurate and informative environment, with tools and preliminary insights, to effectively identify and compare law firms. PBV addresses the strategic needs of a global market for legal services estimated at $849 billion in 2017 and projected to exceed $1 trillion in 2021. Current competitors, (such as “Legal 500,” and “Chambers,”) cover only a fraction of facil...

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