Plaza Centers N.V. UPDATE ON THE PRE-SALE OF DAMBOVITA CENTER PROJECT
05 Diciembre 2024 - 9:49AM
RNS Regulatory News
RNS Number : 0321P
Plaza Centers N.V.
05 December 2024
December 05, 2024
PLAZA CENTERS
N.V.
UPDATE REGARDING THE PRE-SALE
AGREEMENT FOR THE SALE OF THE COMPANY'S INDIRECT SHAREHOLDINGS IN
THE DAMBOVITA CENTER PROJECT ("CASA RADIO")
Plaza Centers N.V. ("Plaza" or the "Company") announced today that further
to its previous announcement dated December 4, 2023 regarding the
pre-sale agreement (the "Agreement") with AFI Europe N.V
("AFI" and together with
the Company, the "Parties")
for the sale of its subsidiary (the "SPV") which holds 75% in the Casa Radio
Project (the "Project");
that the Parties have signed an addendum to the Agreement (the
"Addendum") which pursuant to the Addendum the Parties agreed to
extend the Long Stop Date, which is the date on which the parties
will execute a share purchase agreement, subject to the
satisfaction of conditions precedent (the "SPA"), until December 31,
2025.
There can be no certainty that the SPA
will eventually be executed and/or that the Transaction will be
consummated as presented above or at all.
Ends
For
further details, please contact:
Plaza
Ron Hadassi, Executive
director;
972-526-076-236
Notes to
Editors
Plaza Centers N.V.
(https://plazacenters.com/)
is listed on the Main Board of the London Stock Exchange and on the
Warsaw Stock Exchange (LSE: "PLAZ", WSE: "PLZ/PLAZACNTR"), and on
the Tel Aviv Stock Exchange ("PLAZ").
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END
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