PLAZA CENTERS N.V. - PRELIMINARY SALE OF PLOT IN LODZ, POLAND

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 19 / 2017

Date of issue: 2017-06-13

Short name of the issuer

PLAZA CENTERS N.V.

Subject

PRELIMINARY SALE OF PLOT IN LODZ, POLAND

Official market - legal basis

Unofficial market - legal basis

Contents of the report:

Plaza Centers N.V. (“Plaza” or the “Company”) announces that it has signed a preliminary sale agreement for the disposal of a 13,770 sqm plot at its second land holding in Lodz, Poland, (representing 22% of this holding) to a retail developer, for €1.2 million. As part of the agreement, the purchaser will pay advance payments totalling 10% of the sale price, comprising an immediate instalment of €35,000 followed by an instalment of €85,000 when the purchaser obtains zoning. The remaining balance will be paid once a building permit has been obtained for development of the land which is expected to be granted within 12-15 months from the signing of this preliminary sale agreement. In line with the Company’s stated amended restructuring plan, 75% of the net cash proceeds will be distributed to Plaza’s bondholders

Annexes

File Description

17 06 06 Preliminary sale of Lodz retail plot_final .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 AC Amsterdam

(post code) (city)

Prins Hendrikkade 48-2

(street) (number)

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2017-06-13 DORI KEREN CEO