Plaza Centres Plc

Capital/Financing Update • Sep 24, 2020

Company Announcement

Plaza Centres plc (the "Company")

Purchase of Bonds concluded - Offer to purchase up to €2,000,000 in Bonds

In terms of Chapter 5 of Listing Rules

Date of announcement 24 September 2020 Reference PZC 182/2020

QUOTE

Purchase of Bonds for cancellation

The Board of Directors of the Company hereby announces that on 24 September 2020, the Company purchased a total of €250,000 in 3.9% unsecured bonds 2026 (MT0000121203). In accordance with section 5.9.3. of the Securities Note forming part of the Prospectus dated 11 August, 2016, the said bonds shall be cancelled forthwith and may not be re-issued or resold.

Offer to purchase Bonds

The Board of Directors of the Company also hereby announces that, between the 25 September, 2020 and 24 October, 2020, the Company intends to stand in the market with a view to repurchasing up to a further €2,000,000 in 3.9% unsecured bonds 2026 (MT0000121203), at a fixed price of €103.50 per bond. Depending on the level of acceptances of the said offer to purchase bonds, the Company may elect to extend or repeat such offer in future. Any bonds repurchased in terms of the said offer shall, in accordance with the said section 5.9.3. of the Securities Note forming part of the Prospectus dated 11 August, 2016, be cancelled forthwith and may not be re-issued or re-sold. Bondholders wishing to partake in this offer by the Company to purchase bonds for cancellation should consult his or her own independent financial advisor.

UNQUOTE

Signed:

Louis de Gabriele Company Secretary