Plaza Centers N.V. REVISED PROPOSAL FROM G.C HEVRON CAPITAL LTD. (8865E)
July 12 2021 - 2:04AM
UK Regulatory
TIDMPLAZ
RNS Number : 8865E
Plaza Centers N.V.
12 July 2021
July 12 , 2021
PLAZA CENTERS N.V.
UPDATE REGARDING RECEIVED PROPOSAL FROM G.C HEVRON CAPITAL
LTD.
Plaza Centers N.V. (" Plaza " or the " Company ") announces
today, further to its announcement dated July 9, 2021; that the
Company received a revised proposal from G.C Hevron Capital Ltd ("
Hevron Capital "), resulting from technical errors in the
translation of Hevron Capital 's Proposal from Hebrew to English
(the " Proposal ") . According to the Proposal, in the settlement,
the Company will allocate 74.9% of the Company's share capital to
He v ron Capital and the remaining 25.1% of the Company's share
capital shall be divided between the Company's shareholders (12.5%,
instead of 10.1% in the original proposal) and the Company's
bondholders (12.6%, instead of 15% in the original proposal) .
The revised Proposal is attached as an appendix to this
announcement.
http://www.rns-pdf.londonstockexchange.com/rns/8865E_1-2021-7-12.pdf
Beside the aforementioned change, the Proposal will remain
unchanged.
Ends
For further details, please contact:
Plaza
Ran Yaacovs, 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, and, on the Warsaw Stock
Exchange (LSE: "PLAZ", WSE: "PLZ/PLAZACNTR") and, on the Tel Aviv
Stock Exchange("PLAZ").
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END
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