Plaza Centers N.V. THE SALE OF PLOT OF LAND IN MIERCUREA CIUC,ROMANIA (2027F)
11 Julio 2019 - 1:05AM
UK Regulatory
TIDMPLAZ
RNS Number : 2027F
Plaza Centers N.V.
11 July 2019
July 11(th) , 2019
PLAZA CENTERS N.V.
DEFINITIVE AGREEMENT FOR THE SALE OF PLOT OF LAND IN
MIERCUREA CIUC, ROMANIA
Plaza Centers N.V. ("Plaza" or the "Company") announced today,
further to its announcement dated April 1, 2019, that its Romanian
subsidiary, North Gate Plaza SRL, has signed a definitive agreement
for the sale (on an "as is" basis) of its plot of land totaling
approximately 37,000 sqm in Miercurea Ciuc, Romania, for a total
amount of EUR 1,580,000 (out of which EUR 360,000 has already been
received as advance payments).
The Company intends to use the current consideration
(approximately EUR 750,000) to redeem, in part, the balance of
unpaid interest and linkage differentials of its Bonds Series A and
Series B to its bondholders.
Ends
For further details, please contact:
Plaza
Avi Hakhamov, Executive Director +361 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
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July 11, 2019 02:05 ET (06:05 GMT)
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