Plaza Regulatory News (PLAZ)

24 Nov 2006 10:48

Plaza Centers N.V.24 November 2006 24 November 2006 Announcement of Exercise of Over-allotment option and end of Stabilisation: Plaza Centers N.V. ("Plaza Centers" or the "Company") In connection with the Offer in relation to the following Ordinary Shares ("the Offer"): Plaza Centers Ordinary Shares of €0.01 each (the "Ordinary Shares") ISIN Code: NL 0000686772 Plaza Centers announces that, in connection with the Offer of 85,714,286Ordinary Shares by Plaza Centers, UBS Limited, as stabilising manager, has todaygiven notice to exercise the Over-allotment Option in respect of 6,631,801Ordinary Shares in Plaza Centers. All of the net proceeds arising from theexercise of the Over-allotment Option will be received by Plaza Centers. Including the exercise of the Over-allotment Option, the total gross proceeds ofthe Offer are £166,222,956.60 (92,346,087 Ordinary Shares). The Offer Price ofPlaza Centers' Ordinary Shares of €0.01 each was set at 180 pence on 27 October2006. Subsequent to the earlier stabilisation notice published on 27 October 2006 inconnection with the Offer of 85,714,286 Ordinary Shares by Plaza Centers, UBSLimited as stabilisation manager hereby announces that the stabilisation periodhas now ended. Stabilisation trades were executed during the stabilisation period by UBSLimited on the following dates and terms: Trade Date Highest Price Paid Lowest Price Paid 27/10/2006 180p 180p This announcement may not be distributed, directly or indirectly, in or into theUnited States of America, Canada, Australia, Japan, Republic of Ireland, theState of Israel or the Republic of South Africa. This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of the Issuer in any jurisdiction. The Offer and the distribution of this announcement and other information inconnection with the Offer in certain jurisdictions may be restricted by law andpersons into whose possession any document or other information referred toherein comes should inform themselves about and observe any such restriction.Any failure to comply with these restrictions may constitute a violation of thesecurities laws of any such jurisdiction. This announcement is not an offer of securities for sale into the United States.The securities have not been, and will not be, registered under the U.S.Securities Act of 1933 and may not be offered or sold in the United Statesabsent registration or an exemption from registration. There will be no publicoffer of securities in the United States. Stabilisation/FSA END This information is provided by RNS The company news service from the London Stock Exchange