UNI-EN 4:UPDATE REGARDING THE TERM SHEET FOR THE SALE OF THE PLOT IN CHENNAI, INDIA
Firma: PLAZA CENTERS N.V.Spis treści:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Spis załączników:
| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
|
| UNI - EN REPORT No | 4 | / | 2019 | |||||||
| Date of issue: | 2019-01-14 | ||||||||||
| Short name of the issuer | |||||||||||
| PLAZA CENTERS N.V. | |||||||||||
| Subject | |||||||||||
| UPDATE REGARDING THE TERM SHEET FOR THE SALE OF THE PLOT IN CHENNAI, INDIA | |||||||||||
| Official market - legal basis | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| Plaza Centers N.V. (“Plaza” or the “Company”) announces today, further to its press releases dated October 18, 2018, November 7, 2018, December 4, 2018, and January 7, 2019 regarding a term sheet between Elbit Plaza India Real Estate Holdings Limited (a subsidiary held by the Company (50%) and Elbit imaging Ltd. (50%)) ("EPI") and a potential buyer (the "Purchaser") for the sale of a 74.7 acre plot in Chennai, India for a total consideration of approximately Euro 13.2 million, that EPI has granted the Purchaser until mid-February 2019, to complete the transaction. If the Purchaser defaults to do so, the Joint Development Agreement (JDA) and the Term Sheet between the parties shall be terminated, and accordingly, EPI will consider the different options available to it. Ends For further details, please contact: Plaza Avi Hakhamov, Acting CEO +36 1 6104523 Notes to Editors Plaza Centers N.V. (www.plazacenters.com) 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 has been active in real estate development in emerging markets for over 23 years. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Chennai_TS_14_1_2019_isa.pdf Chennai_TS_14_1_2019_isa.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) | ||||||||||||
| Prins Hendrikkade | 48-2 | ||||||||||||
| (street) | (number) | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2019-01-14 | Avi Hakhamov | Acting CEO | |||
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