Plaza Centers N.V. UPDATE RE ARBITRATION PROCESS AGAINST ROMANIA
April 03 2024 - 4:58AM
RNS Regulatory News
RNS Number : 1555J
Plaza Centers N.V.
03 April 2024
April 3, 2024
PLAZA CENTERS
N.V.
UPDATE REGARDING ARBITRATION
AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO"
PROJECT
Further to its last announcements,
Plaza Centers N.V. ("Plaza" or the "Company") announces today that, on 2
April, 2024 the Company filed its Reply on the merits and counter
memorial on jurisdiction at the International Centre for the
Settlement of Investment Disputes. The
Company's updated full compensation for its losses with respect to
the Project is currently estimated to be up to EUR 425,500,000 as
at 31 March, 2024.
Ends
For
further details, please contact:
Plaza
Ron Hadassi, Executive
Director;
972-526-076-236
Notes to
Editors
Plaza Centers N.V.
(www.plazacenters.com) is listed on the Main Board of the London
Stock Exchange (LSE: "PLAZ"), on the Warsaw Stock Exchange (WSE:
"PLZ/PLAZACNTR") and on the Tel Aviv Stock Exchange
("PLAZ").
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
STRSSMSADELSEIL
Plaza Centers N.v (LSE:PLAZ)
Historical Stock Chart
From Nov 2024 to Dec 2024
Plaza Centers N.v (LSE:PLAZ)
Historical Stock Chart
From Dec 2023 to Dec 2024
