Business
THE SALE OF PLOT OF LAND IN MIERCUREA CIUC,ROMANIA
THE SALE OF PLOT OF LAND IN MIERCUREA CIUC,ROMANIA.
About this update from Plaza Centers N.v.
[{"type":"text","content":"\n \nRNS Number : 2027F Plaza Centers N.V. 11 July 2019 \n\nJuly 11th, 2019\n \nPLAZA CENTERS N.V.\n \nDEFINITIVE AGREEMENT FOR THE SALE OF PLOT OF LAND IN \nMIERCUREA CIUC, ROMANIA\n \nPlaza Centers N.V. (\"Plaza\" or the \"Company\") announced today, further to its announcement dated April 1, 2019, that its Romanian subsidiary, North Gate Plaza SRL, has signed a definitive agreement for the sale (on an \"as is\" basis) of its plot of land totaling approximately 37,000 sqm in Miercurea Ciuc, Romania, for a total amount of EUR 1,580,000 (out of which EUR 360,000 has already been received as advance payments).\n \nThe Company intends to use the current consideration (approximately EUR 750,000) to redeem, in part, the balance of unpaid interest and linkage differentials of its Bonds Series A and Series B to its bondholders.\n \nEnds\n \nFor further details, please contact:\n \nPlaza\n \nAvi Hakhamov, Executive Director +361 6104523 \n \n \nNotes to Editors\nPlaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, as of 19 October 2007, on the Warsaw Stock Exchange (LSE: \"PLAZ\", WSE: \"PLZ/PLAZACNTR\") and, on the Tel Aviv Stock Exchange. Plaza Centers has been active in real estate development in emerging markets for over 23 years.\n\nThis 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 [email protected] or visit www.rns.com. END DISGGUCUMUPBUQG\n ","length":3274,"tagName":"div"}]