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PLAZ Plaza Centers N.v.

50.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plaza Centers N.v. LSE:PLAZ London Ordinary Share NL0011882741 ORD EUR1.00 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 50.00 40.00 60.00 50.00 50.00 50.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Lessors Of Real Property,nec 192k -38.95M -5.6813 -0.09 3.43M

Plaza Centers N.V. APPROVAL OF SETTLEMENT AGREEMENT (6417B)

11/01/2018 1:40pm

UK Regulatory


Plaza Centers N.v (LSE:PLAZ)
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TIDMPLAZ

RNS Number : 6417B

Plaza Centers N.V.

11 January 2018

11 January 2018

PLAZA CENTERS N.V.

APPROVAL OF SETTLEMENT AGREEMENT AND WITHDRAWAL OF SERIES A BONDHOLDER REPAYMENT REQUEST

Plaza Centers N.V. ("Plaza" or the "Company") announces, further to its announcement on 27 December 2017, that, effective today, a settlement agreement has been reached and approved (and all the conditions precedent in the agreement fulfilled) between the holders of two Series of Israeli Bonds and the Company regarding the allocation of funds, to be repaid by the Company, across the Israeli Bonds Series.

As a result, the agreement the Series A Bondholders shall withdraw their request for immediate repayment (as first proposed in the Company's announcement of 21 December 2017).

The Company intends to translate the settlement agreement to English and publish it on its website.

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 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 22 years.

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRBBMTTMBABBJP

(END) Dow Jones Newswires

January 11, 2018 08:40 ET (13:40 GMT)

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