Dividend Declaration

RNS Number : 2530O

Plaza Centers N.V.

14 September 2011

 



14 September 2011

Plaza Centers N.V.

Interim Dividend

Plaza Centers N.V. ("Plaza" or the "Company"), a leading emerging markets property developer, today announces that its Board of Directors has approved an interim cash dividend payment of €30 million to be paid to shareholders. Based on the total number of 297,174,515 shares in issue, the dividend per share will be €0.1010.

The interim cash dividend payment will be made on 23 September 2011 to all shareholders on the Company's register on 23 September 2011 (the record date). The ex-dividend date will be 21 September 2011.

In accordance with local Dutch tax regulations, a tax of 15% will be withheld and paid in the Netherlands, on behalf of each holder, unless an exemption applies.

For further details, please contact:

Plaza Ran Shtarkman, President and CEO Roy Linden, CFO	[phone] [phone]
Financial Dynamics Stephanie Highett/Laurence Jones	[phone]

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) a leading property developer and investor with a significant presence across Central and Eastern Europe as well as operations in India and the USA.  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 dual listed on the Main Board of the London Stock Exchange and, as of 19 October 2007, the Warsaw Stock Exchange (LSE:"PLAZ", WSE: "PLZ/PLAZACNTR"). Plaza Centers N.V.  is an indirect subsidiary of Elbit Imaging Ltd. ("EIL"), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and the NASDAQ Global Market in the United States.

Plaza Centers is a member of the Europe Israel Group of companies which is controlled by its founder, Mr. Mordechay Zisser.  It has been active in real estate development in emerging markets for over 15 years.

 

END

 

 

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