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Plaza Centers NV (PLZ)

SIGNING A DEFINITIVE AGREEMENT FOR SELLING THE LAND PLOT IN LODZ, POLAND

Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załączników:
Plaza_PR_Lodz_10_10_2019_isa.pdf  (REPORT)

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 35 / 2019
Date of issue: 2019-10-10
Short name of the issuer
PLAZA CENTERS N.V.
Subject
SIGNING A DEFINITIVE AGREEMENT FOR SELLING THE LAND PLOT IN LODZ, POLAND
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Plaza Centers N.V. (“Plaza” or the “Company”) announced today, further to its announcement dated September 4, 2019, regarding the Conditional Sale Agreement for the sale of its remaining holdings in the land Plot in Lodz, Poland (circa 47,860 sqm) (the "Plot") to a local developer (the "Purchaser") for a total gross consideration of approximately €1.10 million (the "Consideration"), that the Company has signed a definitive agreement for the sale of the Plot.

The Company has received 50% of the Consideration and the remaining 50% will be transferred to the Company not later than December 10, 2019. This payment will be secured by a mortgage on the Plot.

Ends
For further details, please contact:


Plaza
Avi Hakhamov, Executive Director +36 1 6104523

Forward-looking statements

This press release may contain forward-looking statements with respect to future payments under the definitive agreement with the Purchaser. Such statements are based on current expectations, estimates and projections of Plaza Centers N.V. and information currently available to the company. Plaza Centers N.V. cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. Plaza Centers N.V. has no obligation to update the statements contained in this press release, unless required by law.

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
Plaza_PR_Lodz_10_10_2019_isa.pdfPlaza_PR_Lodz_10_10_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
2019-10-10 Avi Hakhamov Executive Director
Źródło: GPW - komunikaty spółek (ESPI)
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