1,8000 zł
0,56% 0,0100 zł
Plaza Centers NV (PLZ)

SIGNING A PRELIMINARY AGREEMENT FOR THE SALE OF A LAND PLOT IN LODZ, POLAND

Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załączników:
lodz_plot_sale_isa.pdf  (REPORT)

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 18 / 2019
Date of issue: 2019-05-23
Short name of the issuer
PLAZA CENTERS N.V.
Subject
SIGNING A PRELIMINARY AGREEMENT FOR THE SALE OF A 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 press release dated April 2, 2019, regarding the sale of its 22% holdings in the land Plot in Lodz, Poland (the “Plot”), that it has signed a Preliminary Agreement (the "Preliminary Agreement") for the sale of its remaining holdings in the Plot (circa 47,860 sqm) to a local developer (the "Purchaser") for a total gross consideration of approximately €1.10 million (the "Consideration").

Under the terms of the Preliminary Agreement: (i) a conditional sale agreement will be signed until September 3, 2019 (the "Closing Date") following due diligence. The Purchaser has the right to withdraw from the transaction until the Closing Date; (ii) a definitive agreement will be signed not later than October 15, 2019 ; (iii) 10% of the Consideration was deposited on notarial deposit upon signing the Preliminary Agreement and will be released upon signing a definitive agreement following municipality’s confirmation that it will not exercise preemptive rights (the "Confirmation"); (iiii) 40% of the Consideration will be paid upon signing a definitive agreement and subject to obtaining the Confirmation; and (v) 50% of the Consideration will be paid 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, Acting CEO +36 1 6104523


Forward-looking statements

This press release may contain forward-looking statements with respect to the possibility of signing a 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
lodz_plot_sale_isa.pdflodz_plot_sale_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
2019-05-23 Avi Hakhamov Acting CEO
Źródło: GPW - komunikaty spółek (ESPI)
Dodałeś komentarz Twój komentarz został zapisany i pojawi się na stronie za kilka minut.

Jeszcze nikt nie skomentował tego artykułu - Twój komentarz może być pierwszy.

Nowy komentarz

Anuluj
Polecane
Najnowsze
Popularne
Przejdź do strony za 5 Przejdź do strony »

Czy wiesz, że korzystasz z adblocka?
Reklamy nie są takie złe

To dzięki nim możemy udostępniać
Ci nasze treści.