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Plaza Centers N.V.: Final sale agreement (2017-07-28)

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UNI-EN 27:COMPLETED SALE OF PLOT IN POLAND

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

Spis załączników:
  1. Sale of Leszno Poland FTI_final.pdf

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 27 / 2017
Date of issue: 2017-07-28
Short name of the issuer
PLAZA CENTERS N.V.
Subject
COMPLETED SALE OF PLOT IN POLAND
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Plaza Centers N.V. (“Plaza” or the “Company”), an emerging markets property developer, announces that, further to its announcements issued on 15 September 2016, 4 May 2017 and 30 June 2017, it has signed the final sale agreement for the disposal of a 1.8 hectare plot in the city of Leszno for €810,000.

In line with the Company’s stated amended restructuring plan, 75% of the net cash proceeds from the disposal will be distributed to Plaza’s bondholders.


Ends

For further details, please contact:

Plaza
Dori Keren, CEO +48 22 231 99 00

FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000


Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is an emerging markets developer of shopping and entertainment centres. The Company is listed on the Main Board of the London Stock Exchange, as of 19 October 2007, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and, on the Tel Aviv Stock Exchange. Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. (“EI”), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and on the NASDAQ Global Market in the United States. Plaza Centers has been active in real estate development in emerging markets for over 21 years.


Annexes
File Description
Sale of Leszno Poland FTI_final.pdf
Sale of Leszno Poland FTI_final.pdf

PLAZA CENTERS N.V.
(fullname of the issuer)
PLAZA CENTERS N.V. Budownictwo (bud)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
1016EA Amsterdam
(post code) (city)
Keizergracht 241
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2017-07-28 Dori Keren CEO

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