Plaza Centers N.V. PAYMENT FOR LODZ DISPOSAL AND UPDATE RE LESZNO (7788J)
June 30 2017 - 9:00AM
UK Regulatory
TIDMPLAZ
RNS Number : 7788J
Plaza Centers N.V.
30 June 2017
30 June 2017
PLAZA CENTERS N.V.
PAYMENT FULFILLED FOR LODZ DISPOSAL AND UPDATE RE LESZNO
Plaza Centers N.V. ("Plaza" or the "Company") announces that,
following the announcement of 28 September 2016 regarding the
disposal of the residential plot in Lodz, Poland, the Company has
received the final payment instalment of EUR0.96 million.
In addition, further to the Company's announcements of 15
September 2016 and 4 May 2017 regarding the disposal of the plot at
Leszno, also in Poland, the Purchaser has waived its right to
withdraw from the transaction, which was the condition for agreeing
a one month extension to the transaction. Therefore, the signing of
the final agreement will now take place no later than 27 July
2017.
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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