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PLAZA CENTERS N.V.: UPDATE REGARDING THE AGREEMENT TO SELL ITS HOLDINGS IN THE PROJECT IN BANGALORE, INDIA

2019-05-13 19:15
publikacja
2019-05-13 19:15
Spis treści:

1. REPORT

2. INFORMATION ABOUT THE ENTITY

3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY


Spis załączników:
Plaza_PR_Banglore_13_05_2019_final_isa.pdf  (REPORT)

POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 17 / 2019
Date of issue: 2019-05-13
Short name of the issuer
PLAZA CENTERS N.V.
Subject
UPDATE REGARDING THE AGREEMENT TO SELL ITS HOLDINGS IN THE PROJECT IN BANGALORE, INDIA
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 10, 2019, regarding understandings with the purchaser of the 100% interest in a Special Purpose Vehicle (the "Purchaser"), held by Elbit Plaza India Real Estate Holdings Limited (a subsidiary held by the Company (50%) and Elbit Imaging Ltd. (50%)) ("EPI")) ,which holds a site in Bangalore, India (the "Plot"), that the Purchaser defaults on payment of INR 10 crores (Circa EUR 1.27 million) (Plaza part EUR 0.635 million) on account of the consideration for the Plot.

EPI has initiated legal process to protect its interest while it continues to negotiate with the Purchaser for payment of the amount due.


Ends
For further details, please contact:


Plaza
Avi Hakhamov, Acting CEO +36 1 6104523


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_Banglore_13_05_2019_final_isa.pdfPlaza_PR_Banglore_13_05_2019_final_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
2019-05-13 Avi Hakhamov Acting CEO
Źródło:Komunikaty spółek (ESPI)
Tematy
Najtańsze konta firmowe z premią za korzystanie
Najtańsze konta firmowe z premią za korzystanie

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