Plaza Centers N.V. UPDATE RE NON-BINDING LOI - THE SALE OF CASA RADIO (3766C)
14 Junio 2019 - 9:58AM
UK Regulatory
TIDMPLAZ
RNS Number : 3766C
Plaza Centers N.V.
14 June 2019
June 14, 2019
PLAZA CENTERS N.V.
UPDATE REGARDING THE NON-BINDING LOI FOR THE SALE OF THE PLAZA'S
INDIRECT SHAREHOLDINGS IN THE DAMBOVITA CENTER PROJECT
("CASA RADIO")
Plaza Centers N.V. ("Plaza" or the "Company") announced today,
further to its announcement dated February 11, 2019, regarding the
non-binding Letter of Intent ("LOI") with AFI Europe N.V. for the
sale of its entire indirect shareholdings (75%) in the Casa Radio
Project (the "Project"), that the parties have agreed to extend the
time period for executing the Pre-Sale agreement for the sale of
the Project until no later than July 5, 2019.
All other provisions under the LOI remain unchanged.
As of the date hereof, there can be no certainty that either the
Pre-Sale Agreement, nor a definitive Agreement will be executed
and/or that the transaction closing will occur.
Ends
For further details, please contact:
Plaza
Avi Hakhamov, Acting CEO +36 1 6104523
Forward-looking statements
This press release may contain forward-looking statements with
respect to Plaza Centers N.V. future (financial) performance and
position. Such statements are based on current expectations,
estimates and projections of Plaza Centers N.V. and information
currently available to the company. Plaza Centers N.V. cautions
readers that such statements involve certain risks and
uncertainties that are difficult to predict and therefore it should
be understood that many factors can cause actual performance and
position to differ materially from these statements. Plaza Centers
N.V. has no obligation to update the statements contained in this
press release, unless required by law.
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
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