POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No4/2019
Date of issue:2019-01-14
Short name of the issuer
PLAZA CENTERS N.V.
Subject
UPDATE REGARDING THE TERM SHEET FOR THE SALE OF THE PLOT IN CHENNAI, INDIA
Official market - legal basis
Unofficial market - legal basis
Contents of the report:
Plaza Centers N.V. (“Plaza” or the “Company”) announces today, further to its press releases dated October 18, 2018, November 7, 2018, December 4, 2018, and January 7, 2019 regarding a term sheet between Elbit Plaza India Real Estate Holdings Limited (a subsidiary held by the Company (50%) and Elbit imaging Ltd. (50%)) ("EPI") and a potential buyer (the "Purchaser") for the sale of a 74.7 acre plot in Chennai, India for a total consideration of approximately Euro 13.2 million, that EPI has granted the Purchaser until mid-February 2019, to complete the transaction. If the Purchaser defaults to do so, the Joint Development Agreement (JDA) and the Term Sheet between the parties shall be terminated, and accordingly, EPI will consider the different options available to it. Ends For further details, please contact: Plaza Avi Hakhamov, Acting CEO +36 1 6104523 Notes to Editors Plaza Centers N.V. (www.plazacenters.com) 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 has been active in real estate development in emerging markets for over 23 years.
Annexes
FileDescription
Chennai_TS_14_1_2019_isa.pdf
PLAZA CENTERS N.V.
(fullname of the issuer)
PLAZA CENTERS N.V.Budownictwo (bud)
(short name of the issuer)(sector according to clasification of the WSE in Warsow)
1012 ACAmsterdam
(post code)(city)
Prins Hendrikkade48-2
(street)(number)
(phone number)(fax)
(e-mail)(web site)
(NIP)(REGON)
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
DateNamePosition / FunctionSignature
2019-01-14Avi HakhamovActing CEO
Chennai_TS_14_1_2019_isa.pdf

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