Last checked at 12 Nov 2021 07:00
November 12, 2021
PLAZA CENTERS N.V.
UPDATE REGARDING G.C HEVRON CAPITAL RESTRUCTURING PROPOSAL PLAN
Plaza Centers N.V. ("Plaza" or the "Company") announces today, further to its previous announcements dated July 12, 2021, August 1, 2021, August 10, 2021 and October 4, 2021 regarding G.C Hevron Capital Ltd's proposal ("Hevron Capital" and "Hevron Capital's Proposal", respectively) and regarding the extension of the "No-Shop" period by an additional 30 days, until November 12, 2021; that Hevron Capital submitted yesterday to the Company a restructuring proposal plan (the "Restructuring Proposal Plan") based on Hevron Capital's Proposal.
The Company posted Hevron Capital's Restructuring Proposal on its website at:
plazacenters.com - news and media room / press releases / 2021
It shall be clarified that the Company's Board of Directors will summon a bondholders meeting in order to discuss the Restructuring Proposal Plan.
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For further details, please contact:
Plaza
Ran Yaacovs, CFO 972-546-303-006
Notes to Editors
Plaza Centers N.V. (www.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").
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