Plaza Centers N.V. UPDATE ON THE PRE-SALE OF DAMBOVITA CENTER PROJECT (4658K)
December 21 2022 - 4:24AM
UK Regulatory
TIDMPLAZ
RNS Number : 4658K
Plaza Centers N.V.
21 December 2022
December 21 , 2022
PLAZA CENTERS N.V.
UPDATE REGARDING THE PRE-SALE AGREEMENT FOR THE SALE OF THE
COMPANY'S INDIRECT SHAREHOLDINGS IN THE DAMBOVITA CENTER PROJECT
("CASA RADIO")
Plaza Centers N.V. ("Plaza" or the "Company") announced today
that further to its previous announcement dated December 13, 2022
regarding the pre-sale agreement (the "Agreement") with AFI Europe
N.V ("AFI" and together with the Company, the "Parties") for the
sale of its subsidiary (the "SPV") which holds 75% in the Casa
Radio Project (the "Project"); the Company further clarifies that
the extension of the Long Stop Date has been reported by the
Company on the Company's bondholders' meetings which was held on
November 8, 2022. The Company extended the Long Stop Date per
decision of the Board of Directors of the Company.
Ends
For further details, please contact:
Plaza
Ron Hadassi, Executive director; 972-526-076-236
Forward-looking statement
This press release may contain forward-looking statements with
respect to the completion of the transaction. 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.
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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