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PLAZA CENTERS N.V.: PLAZA CENTERS COMPLETES THE SALE OF RESIDENTIAL PLOT IN LODZ, POLAND

2016-09-28 09:39
publikacja
2016-09-28 09:39
Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załącznikĂłw:
Completion_of_Sale_of_Lodz_residential_20160927_final.pdf  (REPORT)

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 38 / 2016
Date of issue: 2016-09-28
Short name of the issuer
PLAZA CENTERS N.V.
Subject
PLAZA CENTERS COMPLETES THE SALE OF RESIDENTIAL PLOT IN LODZ, POLAND
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Further to its announcement on 28 June 2016, Plaza Centers N.V. (“Plaza” or the “Company”), a leading emerging markets property developer, announces that it has completed the sale of a 20,700 sqm plot of land in Lodz, Poland, to a residential developer, for €2.4 million.

On exchange, Plaza received an initial payment of €1.04 million, followed by €180,000 in November 2016, €220,000 in December 2016 and a final instalment of €0.96 million in June 2017.

In line with the Company’s stated restructuring plan, 75% of the €1.04 million cash received will be distributed to Plaza’s bondholders as part of the Bonds prepayment on September 30, 2016.




Ends


For further details, please contact:

Plaza


Dori Keren, Acting CEO + 48 22 231 99 00

Eitan Farkas, Financial Director + 36 1 462 7254


FTI Consulting

Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000



Notes to Editors


Plaza Centers N.V. (www.plazacenters.com) is a leading emerging markets developer of shopping and entertainment centres with operations in Central and Eastern Europe and India. It focuses on constructing new centres and, where there is significant redevelopment potential, redeveloping existing centres in both capital cities and important regional centres. The Company is listed on the Main Board of the London Stock Exchange, the Warsaw Stock Exchange, the Tel Aviv Stock Exchange (LSE:”PLAZ”; WSE: “PLZ/PLAZACNTR”; TASE: “PLAZ”). 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 the NASDAQ Global Market in the United States. It has been active in real estate development in emerging markets for over 20 years.

Annexes
File Description
Completion of Sale of Lodz_residential_20160927_final.pdfCompletion of Sale of Lodz_residential_20160927_final.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)
1016EA Amsterdam
(post code) (city)
Keizergracht 241
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2016-09-28 Dori Keren Acting CEO
Źródło:Komunikaty spółek (ESPI)
Tematy
Najlepsze konta premium – wrzesień 2025 r.
Najlepsze konta premium – wrzesień 2025 r.
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