Copy and paste this link to your website, so they can see this document directly without any plugins.


Plaza, Stock, N.V., Centers, markets, Exchange, centres, emerging, plot, that, Acting, Keren,, Dori, Aviv, will, both, with, and,, leading, “This, bondholders., Plaza’s, distributed, Chief, Executive, Officer, N.V.,, proceeds, said:, years.


14 July 2016
Plaza Centers N.V. (“Plaza” or the “Company”), a leading emerging markets property developer,
announces that it has disposed of an 18,400 sqm plot in a suburb of Ploiesti, Romania to a local investor
for €280,000.
Ploiesti is located around 50 kilometres north of the Romanian capital, Bucharest and the plot is currently
earmarked for residential development.
Upon completion of the disposal, in line with the Company’s stated restructuring plan, 75% of the net
cash proceeds will be distributed to Plaza’s bondholders.
Dori Keren, Acting Chief Executive Officer of Plaza Centers N.V., said:
“This sale is part of our ongoing portfolio repositioning strategy, whereby we are disposing of our noncore assets in order to focus on a core set of properties that will enable us to deliver higher quality
income, strengthen our balance sheet and continue to progress the implementation of the Restructuring
For further details, please contact:
Dori Keren, Acting CEO + 48 22 231 99 00
Eitan Farkas, Financial Director + 36 1 462 7140
FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000
Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is a leading emerging markets developer of shopping and
entertainment centres with operations in Central and Eastern Europe and India. It focuses on constructing
new centres and, where there is significant redevelopment potential, redeveloping existing centres in both
capital cities and important regional centres. The Company is listed on the Main Board of the London
Stock Exchange, the Warsaw Stock Exchange and, as of 27 November 2014, the Tel Aviv Stock
Exchange (LSE:”PLAZ”; WSE: “PLZ/PLAZACNTR”; TASE: “PLAZ”). Plaza Centers N.V. is an indirect
subsidiary of Elbit Imaging Ltd. (“EI”), an Israeli public company whose shares are traded on both the Tel
Aviv Stock Exchange in Israel and the NASDAQ Global Market in the United States. It has been active in
real estate development in emerging markets for over 20 years.

PDF Document reader online

This website is focused on providing document in readable format, online without need to install any type of software on your computer. If you are using thin client, or are not allowed to install document reader of particular type, this application may come in hand for you. Simply upload your document, and Docureader.top will transform it into readable format in a few seconds. Why choose Docureader.top?

  1. Unlimited sharing - you can upload document of any size. If we are able to convert it into readable format, you have it here - saved for later or immediate reading
  2. Cross-platform - no compromised when reading your document. We support most of modern browers without the need of installing any of external plugins. If your device can oper a browser - then you can read any document on it
  3. Simple uploading - no need to register. Just enter your email, title of document and select the file, we do the rest. Once the document is ready for you, you will receive automatic email from us.

Previous 10

Next 10