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Plaza Centers N.V.: Submission of the Memorial and supporting evidence to the International Center for Investment Settlements Disputes, defining their claims against the Roma (2023-04-11)

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UNI-EN 4:UPDATE REGARDING SUBMISSION OF A REQUEST FOR ARBITRATION 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_ submittion_of_Memorial_20230411.pdf

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 4 / 2023
Date of issue: 2023-04-11
Short name of the issuer
PLAZA CENTERS N.V.
Subject
UPDATE REGARDING SUBMISSION OF A REQUEST FOR ARBITRATION AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO" PROJECT
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Further to its last announcements dated May 17, 2022, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, having on May 16, 2022 issued a Request for Arbitration against Romania with respect to the “Casa Radio” project (the “Project”), on April 6, 2023 the Company filed its Memorial and supporting evidence at the International Centre for the Settlement of Investment Disputes, setting out its claims against Romania. The Company seeks full compensation for its losses with respect to the Project, currently estimated to be up to EUR 367,700,000 as at 31 March, 2023.


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, and, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and, on the Tel Aviv Stock Exchange(”PLAZ”).
Annexes
File Description
Plaza_Pr_ submittion_of_Memorial_20230411.pdf
Plaza_Pr_ submittion_of_Memorial_20230411.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)
1012 AC Amsterdam
(post code) (city)
Pietersbergweg 283
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2023-04-11 Ron Hadassi Executive Director

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