Plaza Centers N.V. UPDATE ON THE PRE-SALE OF DAMBOVITA CENTER PROJECT
December 05 2024 - 10:49AM
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").
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
DISUPGQCPUPCGAA
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
