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PLAZA CENTERS N.V.: UPDATE REGARDING ARBITRATION AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO" PROJECT

Spis treści:

1. REPORT

reklama

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załączników:
Plaza Pr Arbitration update 20240717.pdf  (REPORT)

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POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 7 / 2024
Date of issue: 2024-07-17
Short name of the issuer
PLAZA CENTERS N.V.
Subject
UPDATE REGARDING 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, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, on 15th July, 2024 Plaza received a notice, on behalf of the Ministry of Finance of Romania, to start an arbitration procedure under the rules of the London Court of International Arbitration (hereafter: "Request") against the Company, Elbit Imaging Ltd and a third-party private investor (the Company, Elbit Imaging Ltd and the third-party private investor will be collectively referred to below as: "the Respondents"). As part of the request, the Ministry of Finance of Romania demands compensation from the Respondents amounting to approximately EUR 96 million (before VAT and interest).
The Company is in the process of analyzing the arbitration notice received.

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”).
Annexes
File Description
Plaza Pr Arbitration update 20240717.pdfPlaza_Pr_Arbitration_update_20240717.pdf

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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)
Tolstraat 112
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

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SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2024-07-17 Ron Hadassi Executive Director
Źródło: Komunikaty spółek (ESPI)
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