Update

RNS Number : 6102T

Plaza Centers N.V.

21 November 2013

 



21 November 2013

Plaza Centers N.V. (the "Company" or "Plaza")

NOTABLE INDEPENDENT REPORT ON RESTRUCTURING PROCESS

Further to the announcements made on 14 and 18 November 2013 regarding Plaza's debt restructuring process, Plaza has today made available on its website a financial analysis report, prepared by external indepdenent advisory firm Baker Tilly, in support of the restructuring plan.

A full copy of the report is available to view on Plaza's website at:

http://www.plazacenters.com/index.php?p=debt_restructuring 

For further details, please contact:

Plaza

Ran Shtarkman, President and CEO                                                      [phone]

Roy Linden, CFO                                                                                  [phone]

FTI Consulting

Stephanie Highett / Nina Legge                                                               [phone]

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is a leading 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 dual listed on the Main Board of the London Stock Exchange and, as of 19 October 2007, on the Warsaw Stock Exchange (LSE:"PLAZ", WSE: "PLZ/PLAZACNTR"). 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. It has been active in real estate development in emerging markets for over 17 years.

 

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