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Plaza Centers N.V. (PLAZ)

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Wednesday 13 September, 2017

Plaza Centers N.V.

UPDATE FOLLOWING SALE OF BELGRADE PLAZA

RNS Number : 6664Q
Plaza Centers N.V.
13 September 2017
 

13 September 2017

 

 

PLAZA CENTERS N.V.

 

RECEIPT OF FURTHER PAYMENT FOLLOWING SALE OF BELGRADE PLAZA

 

 

Plaza Centers N.V. ("Plaza" or the "Company"), an emerging markets property developer, announces that, following the completion of the sale of Belgrade Plaza announced on 2 March 2017, Plaza has received a further payment of €13.4 million from the Purchaser, having met certain pre-agreed milestones.

 

 

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. 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
 
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