Plaza Centers N.V. UPDATE ON THE DISPOSAL OF GREEK DEVELOPMENT PLOT (4630S)
21 December 2016 - 9:00PM
UK Regulatory
TIDMPLAZ
RNS Number : 4630S
Plaza Centers N.V.
21 December 2016
21 December 2016
PLAZA CENTERS N.V.
UPDATE ON THE DISPOSAL OF GREEK DEVELOPMENT PLOT
Plaza Centers N.V. ("Plaza" or the "Company"), an emerging
markets property developer, announces that, further to the
announcement of 6 December 2016, the long stop date for the
conclusion of the transaction has passed without a final agreement
having been signed.
The Company will continue to consider all opportunities for the
disposal of the asset.
Ends
For further details, please contact:
Plaza
Dori Keren, Acting 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 20 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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