Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Plaza Centers LSE:PLAZ London Ordinary Share NL0011882741 ORD EUR1.00
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 35.00p 25.00p 45.00p 35.00p 35.00p 35.00p 0 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 171.5 -22.7 -3.4 - 242.35

Plaza Centers N.V. UPDATE RE TERM SHEET-SALE OF PLOT - CHENNAI, INDIA

14/01/2019 1:40pm

UK Regulatory (RNS & others)


Plaza Centers (LSE:PLAZ)
Historical Stock Chart

1 Month : From Dec 2018 to Jan 2019

Click Here for more Plaza Centers Charts.

TIDMPLAZ

RNS Number : 0392N

Plaza Centers N.V.

14 January 2019

January 14, 2019

PLAZA CENTERS N.V.

UPDATE REGARDING THE TERM SHEET FOR THE SALE OF THE PLOT IN CHENNAI, INDIA

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDGGUPWGUPBGWC

(END) Dow Jones Newswires

January 14, 2019 08:40 ET (13:40 GMT)

1 Year Plaza Centers Chart

1 Year Plaza Centers Chart

1 Month Plaza Centers Chart

1 Month Plaza Centers Chart
Your Recent History
LSE
PLAZ
Plaza Cent..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20190124 02:29:05