| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 23 | / | 2017 | ||||||||
| Date of issue: | 2017-06-19 | ||||||||||
| Short name of the issuer | |||||||||||
| PLAZA CENTERS N.V. | |||||||||||
| Subject | |||||||||||
| FINAL AGREEMENT SIGNED ON SALE OF KIELCE PLAZA, POLAND | |||||||||||
| Official market - legal basis | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Contents of the report: | |||||||||||
| Plaza Centers N.V. (“Plaza” or the “Company”), an emerging markets property developer, announces that, further to its announcement on 13 October 2016, it has signed the final sale agreement for the disposal of its 2.47 hectare plot in the centre of Kielce, Poland, for €2,280,000. Plaza received a down payment of €465,000 when the preliminary sale agreement was signed. Now that the final agreement has been signed, the remaining €1,815,000 has been paid to Plaza. In line with the Company’s stated amended restructuring plan, 75% of the net cash proceeds will be distributed to Plaza’s bondholders. 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. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| 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) | ||||||||||||
| 1016EA | Amsterdam | ||||||||||||
| (post code) | (city) | ||||||||||||
| Keizergracht | 241 | ||||||||||||
| (street) | (number) | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2017-06-19 | Dori Keren | CEO | |||
