6 Jan 2009 07:30
ο»Ώ
6Β JanuaryΒ 2009
Plaza Centers N.V.Β
("Plaza" or the "Company")
MARKET PURCHASE OF OWN SHARES
Plaza Centers,Β a leading emerging markets property developer,Β today announces that, pursuant to an authority granted by the shareholders at the Annual General Meeting on 27 May 2008 to make market purchases of its own shares, Plaza purchasedΒ yesterdayΒ 33,279Β sharesΒ atΒ aΒ priceΒ ofΒ 58Β Pence per share. The purchased shares will all be held as treasury shares.Β
Following the purchase of these shares the number of shares with voting rights in issue (excluding shares held in treasury) will beΒ 283,188,659Β and the number of shares in treasury will beΒ 9,242,722.
ENDS
For further details please contact:
Plaza
Mordechay Zisser, Chairman
Ran Shtarkman, President and CEO
Roy Linden, CFO
+972 3 6086000
+36 1 462 7221
+36 1 462 7105
Financial Dynamics
Stephanie Highett/Laurence Jones
+44 20 7831 3113
Notes to Editors
Plaza Centers N.V.Β (www.plazacenters.com) is a leading emerging markets developer of shoppingΒ and entertainment centres. It focuses on constructing new centres and, where there is significantΒ redevelopment potential, redeveloping existing centres in both capital cities and important regionalΒ centres. The Company is dual listed on the Main Board of the London Stock Exchange and, as ofΒ 19 October 2007, theΒ WarsawΒ Stock Exchange (LSE:"PLAZ", WSE: "PLZ/PLAZACNTR"). PlazaΒ Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EIL"), an Israeli public companyΒ whose shares are traded on both the Tel Aviv Stock Exchange inΒ IsraelΒ and the NASDAQ GlobalΒ Market in theΒ United States.
Plaza Centers is a member of the Europe Israel Group of companies which is controlled by itsΒ founder, Mr. Mordechay Zisser. It has been active in real estate development in emerging marketsΒ for over 12 years.
Follow the stocks