By LSE RNS
28 August 2017
PLAZA CENTERS N.V.
COMPLETED SALE OF PLOT IN POLAND
Plaza Centers N.V. ("Plaza" or the "Company"), an emerging markets property developer, announces that, further to its announcements issued on 15 September 2016, 4 May 2017 and 30 June 2017, it has signed the final sale agreement for the disposal of a 1.8 hectare plot in the city of Leszno for €810,000.
In line with the Company's stated amended restructuring plan, 75% of the net cash proceeds from the disposal will be distributed to Plaza's bondholders.
Ends
For further details, please contact:
Plaza
Dori Keren, CEO +48 22 231 99 00
FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000
Notes to Editors
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