Plaza Centers N.V. EXTENSION OF SALE AGREEMENT FOR LESZNO PLOT (2090E)
May 04 2017 - 10:00AM
UK Regulatory
TIDMPLAZ
RNS Number : 2090E
Plaza Centers N.V.
04 May 2017
4 May 2017
PLAZA CENTERS N.V.
EXTENSION OF SALE AGREEMENT FOR LESZNO PLOT
Plaza Centers N.V. ("Plaza" or the "Company"), an emerging
markets property developer, announces that, further to its
announcement dated 15 September 2016 regarding the preliminary sale
agreement to dispose of the Leszno plot in Poland, the sale
agreement has been postponed.
In line with the signed agreement, the purchaser had the right
to withdraw from the transaction within a window of eight months
which was due to end on 28 April 2017. The purchaser recently
requested that the decision is postponed by two months which
extends the agreement to 30 June 2017. Plaza has now signed an
annex to the sale agreement which has allowed this extension to
take place.
Ends
For further details, please contact:
Plaza
Dori Keren, CEO +48 22 231 99 00
FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000
Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is an emerging markets
developer of shopping and entertainment centres. It focuses on
constructing new centres and, where there is significant
redevelopment potential, redeveloping existing centres in both
capital cities and important regional centres. The Company 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
N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EI"), an
Israeli public company whose shares are traded on both the Tel Aviv
Stock Exchange in Israel and on the NASDAQ Global Market in the
United States. Plaza Centers has been active in real estate
development in emerging markets for over 21 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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