Plaza Centers N.V. UPDATE RE ARBITRATION PROCESS AGAINST ROMANIA
April 02 2024 - 1:00AM
RNS Regulatory News
RNS Number : 8282I
Plaza Centers N.V.
29 March 2024
March 29, 2024
PLAZA CENTERS
N.V.
UPDATE REGARDING ARBITRATION
AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO"
PROJECT
Further to its announcement dated
June 12, 2023, Plaza Centers N.V. ("Plaza" or the "Company") announces today that,
it has received a further engagement letter
("Further Engagement
Letter"), from the Company's primary legal
advisers in connection with the arbitration for the "Casa Radio"
project (the "Project"). The Further Engagement Letter is in line
with Company's projected cash flow that was approved at
Bondholders' Meeting from October 11, 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 (LSE: "PLAZ"), on the Warsaw Stock Exchange (WSE:
"PLZ/PLAZACNTR") and on the Tel Aviv Stock Exchange
("PLAZ").
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END
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