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Plaza Centers N.V.: Default under the public-private partnership contract governing the Casa Radio Project (2023-07-12)

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UNI-EN 10: UPDATE REGARDING ARBITRATION PROCESS AGAINST ROMANIA WITH RESPECT TO THE “CASA RADIO” PROJECT

Firma: PLAZA CENTERS N.V.
Spis treści:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Spis załączników:
  1. Plaza_Pr_Arbitration_update_12_07_2023.pdf

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 10 / 2023
Date of issue: 2023-07-12
Short name of the issuer
PLAZA CENTERS N.V.
Subject
UPDATE REGARDING ARBITRATION PROCESS AGAINST ROMANIA WITH RESPECT TO THE “CASA RADIO” PROJECT
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Plaza Centers N.V. (“Plaza” or the “Company”) announces today that on 12 July 2023, Plaza and Dambovita Center SRL (a subsidiary of Plaza and the Project Company in charge of the Casa Radio Project) received a notice of default from the Ministry of Finance under the public-private partnership contract governing the Casa Radio Project. The Company denies all claims formulated by the Ministry of Finance, including any made in the ongoing ICSID arbitration with Romania.



Ends
For further details, please contact:


Plaza
Ron Hadassi, Executive Director +972 526 076 236


Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and on the Tel Aviv Stock Exchange.
Annexes
File Description
Plaza_Pr_Arbitration_update_12_07_2023.pdf
Plaza_Pr_Arbitration_update_12_07_2023.pdf

(fullname of the issuer)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
(post code) (city)
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2023-07-12 Ron Hadassi Executive Director

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