PLAZA CENTERS N.V. - UPDATE REGARDING ARBITRATION PROCESS AGAINST ROMANIA WITH RESPECT TO THE “CASA RADIO” PROJECT

Spis treści:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Spis załączników:

1. Plaza_Pr_Arbitration_update_12_07_2023.pdf
   

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 10 / 2023

Date of issue: 2023-07-12

Short name of the issuer

PLAZA CENTERS N.V.

Subject

UPDATE REGARDING ARBITRATION PROCESS AGAINST ROMANIA WITH RESPECT TO THE “CASA RADIO” PROJECT

Official market - legal basis

Unofficial market - legal basis

Contents of the report:

Plaza Centers N.V. (“Plaza” or the “Company”) announces today that on 12 July 2023, Plaza and Dambovita Center SRL (a subsidiary of Plaza and the Project Company in charge of the Casa Radio Project) received a notice of default from the Ministry of Finance under the public-private partnership contract governing the Casa Radio Project. The Company denies all claims formulated by the Ministry of Finance, including any made in the ongoing ICSID arbitration with Romania.



Ends
For further details, please contact:


Plaza
Ron Hadassi, Executive Director [phone]


Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and on the Tel Aviv Stock Exchange.

Annexes

File Description

Plaza_Pr_Arbitration_update_12_07_2023.pdf
Plaza_Pr_Arbitration_update_12_07_2023.pdf

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SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2023-07-12 Ron Hadassi Executive Director