Member Info for itellyastraight

8 April 2016 PLAZA CENTERS N.V. PRE-AGREEMENT TO SELL DEVELOPMENT PLOT IN GREECE FOR €4.7 MILLION Plaza Centers N.V. ("Plaza" or the "Company"), a leading emerging markets property developer, announces that it has signed a binding pre-agreement to sell its development land in Piraeus, near Athens, Greece, for €4.7 million. The sale agreement with a third party developer is subject to certain conditions being met, including due diligence which has up to six months to complete. The purchaser has placed a corporate guarantee to secure the transaction for 10% of the consideration. The circa 15,000 sqm plot first achieved a building permit in 2009 for the construction of a shopping centre but, due to market conditions, the decision was taken by Plaza not to proceed with the project. However, the development site is well located within the town of Piraeus, 10km from the heart of the Greek capital, Athens, and adjacent to Europe's largest passenger port. Upon completion of the disposal, in line with the Company's stated restructuring plan, 75% of the net cash proceeds will be distributed to the Plaza's bondholders. P&D

Exactly the company is massively in debt, also the deal is not even completed it will take 6 months and that is if it even goes ahead.

P&D

up almost 100% now, gone up too much foe me. good luck anyone else buying!!!

£1k said "not available"

just tried myself, can't buy any shares either.??

on GF, anyone know why lots of buys seem to be going in and SP is rising fast ????

nah nothing brewing!!!

lol are you sore because I was right and you were wrong.

thought you said "this will 10 bag" half of CONcha springs to mind.

well the market don't think its anything special and I tend to agree.

so running costs are £280k per year and interest from todays investment is around £20k per year????

they only had 2m @ previous RNS so don't know how you work out they have 2.3m left???

lol

lol hidden agenda, its dropped from 0.026p - 0.012p, don't think I need an agenda, do you!!! yes, and Clinton assured us that he had NEVER had relations with Monica Lewinski !! if he has never bought or sold then im a Dutchman... I have never bought or sold any shares in this company, believe what you like, but at least you have stopped posting every other post about a RTO with CHA.lol

never had any to sell, just helping out pointing out various facts and information.

there are billions of warrants too

lol no chance, not been 0.03 for almost 2 years. and the volume of sell v buys tells you its a false rise imo

no need to get upset about the facts I have posted, pretty confident this will go under 0.010p imo. buffoon lol who is the one holding @ a huge loss, not me.

lol distressed sellers, its just people selling up because they are fed up of waiting, over 4 years and no business done just wages been paid, its no wonder. think everyone was thinking a RTO by CHA but that is not going to happen now is it.