Plaza Centers N.V. AGREEMENT FOR SELLING LAND PLOT IN BRASOV, ROMANIA (1316D)

TIDMPLAZ

RNS Number : 1316D

Plaza Centers N.V.

17 February 2020

February 17, 2020

P LA ZA C E NTE RS N . V.

SIGNING A DEFINITIVE AGREEMENT FOR SELLING THE LAND PLOT IN BRASOV, ROMANIA

Plaza Centers N.V. (" Plaza " or the " Company ") announced today, further to its announcement dated November 29, 2019, regarding the Pre Agreement signed on February 5, 2019 for the sale of the land plot in Brasov, Romania (the " Property "), that its indirect subsidiary has signed on February 14, 2020 the definitive Sale-Purchase Agreement for the sale of the Property for a total gross consideration of Euro 623,952.32 (the " Consideration ").

As agreed in the Sale-Purchase Agreement, the purchaser paid to the indirect subsidiary the price balance in the amount of Euro 573,952.32.

Ends

For further details, please contact:

Plaza

   Ran Yaakobs, CFO                                                972-546-303-006

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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