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14.50 0.00 (0.00%)

Bid:

7.00

Ask:

22.00

Spread: 15.00 (214.286%)

Market Cap: £994.06k

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UPDATE RE ARBITRATION PROCESS AGAINST ROMANIA

12 Jul 2023 16:38

RNS Number : 8418F

Plaza Centers N.V.

12 July 2023

PLAZA CENTERS N.V.

UPDATE REGARDING ARBITRATION PROCESS AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO" PROJECT

Plaza Centers N.V. ("Plaza" or the "Company") announces today that on 12 July 2023, Plaza and Dambovita Center SRL (a subsidiary of Plaza and the Project Company in charge of the Casa Radio Project) received a notice of default from the Ministry of Finance under the public-private partnership contract governing the Casa Radio Project. The Company denies all claims formulated by the Ministry of Finance, including any made in the ongoing ICSID arbitration with Romania.

Ends

For further details, please contact:

Plaza

Ron Hadassi, Executive Director +972 526 076 236

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, on the Warsaw Stock Exchange (LSE: "PLAZ", WSE: "PLZ/PLAZACNTR") and on the Tel Aviv Stock Exchange.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STRSFWFIEEDSEDW

Date		Source	Headline
22nd Mar 2018	3:30 pm	RNS	NEW PAYMENT STRUCTURE FOR SALE OF PROJECT IN INDIA
21st Feb 2018	5:30 pm	RNS	UPDATE RE DISPUTE WITH PURCHASER OF INDIA PLOT
20th Feb 2018	5:30 pm	RNS	Results of Extraordinary General Meeting
19th Jan 2018	2:30 pm	RNS	DISPUTE WITH THE PURCHASER OF A PLOT IN INDIA
11th Jan 2018	1:40 pm	RNS	APPROVAL OF SETTLEMENT AGREEMENT
11th Jan 2018	9:00 am	RNS	RETIREMENT OF CHIEF EXECUTIVE OFFICER
8th Jan 2018	2:00 pm	RNS	Notice of EGM
27th Dec 2017	8:00 am	RNS	UPDATE REGARDING REPAYMENT TO THE BONDHOLDERS
22nd Dec 2017	9:05 am	RNS	Second Price Monitoring Extn
22nd Dec 2017	9:00 am	RNS	Price Monitoring Extension
21st Dec 2017	4:00 pm	RNS	ISRAELI SERIES A BONDHOLDERS TRIGGER REPAYMENT
14th Dec 2017	3:30 pm	RNS	UPDATE RE MANDATORY REPAYMENT TO BONDHOLDERS
6th Dec 2017	3:38 pm	RNS	UPDATED COMPANY PRESENTATION
23rd Nov 2017	4:00 pm	RNS	UPDATE ON DISPOSAL OF LAND PLOT IN GREECE
21st Nov 2017	3:30 pm	RNS	COMPLETED SALE OF TORUN PLAZA
21st Nov 2017	3:30 pm	RNS	UPDATE RE 2012 DISPOSAL OF US SHOPPING CENTRES
17th Nov 2017	3:30 pm	RNS	REVIEWED RESULTS FOR SIX MONTHS ENDED 30 JUNE 2017
6th Nov 2017	7:00 am	RNS	UPDATE ON THE DISPOSAL OF TORUN PLAZA IN POLAND
27th Oct 2017	3:30 pm	RNS	RESTATEMENT OF 2016 FINANCIAL STATEMENTS
25th Oct 2017	8:45 am	RNS	UPDATE ON THE DISPOSAL OF TORUN PLAZA IN POLAND
4th Oct 2017	4:00 pm	RNS	UPDATE ON MANDATORY REPAYMENT TO THE BONDHOLDERS
2nd Oct 2017	4:15 pm	RNS	DISPOSAL OF LAND PLOT IN BUDAPEST, HUNGARY
29th Sep 2017	3:18 pm	RNS	FINAL PAYMENT RECEIPT FOR MUP DISPOSAL IN BELGRADE
29th Sep 2017	3:16 pm	RNS	Half Year Results
28th Sep 2017	4:00 pm	RNS	STANDARD & POOR'S CREDIT RATING UPDATE FOR NOTES
26th Sep 2017	10:45 am	RNS	MANDATORY REPAYMENT TO BONDHOLDERS
19th Sep 2017	8:30 am	RNS	UPDATE ON DISPOSAL OF LAND PLOT IN GREECE
13th Sep 2017	3:30 pm	RNS	UPDATE FOLLOWING SALE OF BELGRADE PLAZA
6th Sep 2017	2:00 pm	RNS	UPDATED COMPANY PRESENTATION
30th Aug 2017	3:30 pm	RNS	UPDATE ON THE DISPOSAL OF TORUN PLAZA IN POLAND
7th Aug 2017	3:30 pm	RNS	SALE OF PLOTS IN TIMISOARA AND CONSTANTA, ROMANIA
31st Jul 2017	11:45 am	RNS	Result of AGM
28th Jul 2017	10:01 am	RNS	COMPLETED SALE OF PLOT IN POLAND
30th Jun 2017	3:00 pm	RNS	PAYMENT FOR LODZ DISPOSAL AND UPDATE RE LESZNO
29th Jun 2017	2:45 pm	RNS	APPOINTMENT OF AUDITOR
21st Jun 2017	3:00 pm	RNS	DETAILS ON DISPOSAL OF TORUN PLAZA IN POLAND
19th Jun 2017	9:00 am	RNS	FINAL AGREEMENT SIGNED ON SALE OF KIELCE PLAZA
16th Jun 2017	4:45 pm	RNS	NEW PAYMENT STRUCTURE FOR SALE OF BANGALORE
16th Jun 2017	8:00 am	RNS	UPDATED COMPANY PRESENTATION
14th Jun 2017	11:00 am	RNS	AGM Statement
13th Jun 2017	3:00 pm	RNS	PRELIMINARY SALE OF PLOT IN LODZ, POLAND
13th Jun 2017	8:15 am	RNS	2016 Annual Dutch Statutory Accounts
18th May 2017	4:30 pm	RNS	Restoration of Listing
18th May 2017	10:30 am	RNS	Restoration of Listing
15th May 2017	8:01 am	RNS	Final Results: financial statements
15th May 2017	8:00 am	RNS	Final Results
4th May 2017	3:00 pm	RNS	EXTENSION OF SALE AGREEMENT FOR LESZNO PLOT
2nd May 2017	7:30 am	RNS	Statement re. suspension from trading
28th Apr 2017	8:00 am	RNS	DELAY IN PUBLICATION OF FINANCIAL STATEMENTS
21st Apr 2017	8:17 am	RNS	Belgrade Plaza opens to the public

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