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Plaza Centers N.V. — Share Issue/Capital Change 2016
Jun 28, 2016
5765_rns_2016-06-28_3b536827-3ee6-49f3-bcc7-167a9fc02213.pdf
Share Issue/Capital Change
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28 June 2016
Plaza Centers N.V. – Share Consolidation Time Table on the TASE
Plaza Centers N.V. ("Plaza" or the "Company"), a leading emerging markets property developer, announces that subject to the approval of the Company's shareholders at the Company's Annual General Meeting which will be held on June 30, 2016, the Record Date for the share consolidation on the Tel Aviv Stock Exchange Ltd. ("TASE") is Thursday, June 30, 2016 at 5:30 p.m. (Israel Time). The share consolidation and the admission of shares are expected to occur on or about Friday, July 1, 2016 in accordance with the expected timetable defined in the Circular and published on 19 May, 2016. The Company expects the commencement of trade on the Company's shares on the TASE (post consolidation) on or about Sunday, July 3, 2016.
| For further details, please contact: | |
|---|---|
| + 48 22 231 99 00 | |
| + 36 1 462 7140 | |
FTI Consulting
Dido Laurimore / Claire Turvey / Tom Gough +44 20 3727 1000
Notes to Editors
Plaza Centers N.V. (www.plazacenters.com) is a leading emerging markets developer of shopping and entertainment centres with operations in Central and Eastern Europe and India. It focuses on constructing new centres and, where there is significant redevelopment potential, redeveloping existing centres in both capital cities and important regional centres. The Company is listed on the Main Board of the London Stock Exchange, the Warsaw Stock Exchange and the Tel Aviv Stock Exchange (LSE:"PLAZ"; WSE: "PLZ/PLAZACNTR"; TASE: "PLAZ"). Plaza Centers N.V. is an indirect subsidiary of Elbit Imaging Ltd. ("EI"), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and the NASDAQ Global Market in the United States. It has been active in real estate development in emerging markets for over 20 years.