Business
UPDATE RE EXTEND OF HEVRON GROUP "NO-SHOP" PERIOD
UPDATE RE EXTEND OF HEVRON GROUP "NO-SHOP" PERIOD.
About this update from Plaza Centers N.v.
[{"type":"text","content":"\n \n \n \n RNS Number : 5566G\n Plaza Centers N.V.\n 30 March 2022\n \n \n \n \n March 30, 2022\n \n \n \n \n \n PLAZA CENTERS N.V.\n \n \n \n UPDATE REGARDING \n \n \n G.C HEVRON CAPITAL RESTRUCTURING PROPOSAL PLAN\n \n \n \n \n \n \n Plaza Centers N.V. (\"\n Plaza\n \" or the \"\n Company\n \") announces today, \n further to its previous announcements[1] regarding G.C Hevron Capital Ltd's proposal (\"\n Hevron Capital\n \" and \"\n Hevron Capital's Proposal\n \", respectively\n )\n and regarding the extension of the \"No-Shop\" period by an additional 30 days, until November 12, 2021; that Hevron Capital submitted to the Company a request to extend the No-Shop period\n ,\n due to the complexity and the vast amount of data that needs to be procced in order to evaluate the proposed settlement (\"\n Hevron Capital' Request\n \").\n \n \n Following the above, the Company's Board of Directors \n approves\n Hevron Capital's to extend the \"No-Shop\" period until May 20, 2022 subject to the approval of the Company's bondholders' .\n \n \n \n \n \n Ends\n \n \n For further details, please contact:\n \n \n \n \n \n Plaza\n \n \n \n \n \n Ran Yaacovs, CFO 972-546-303-006 \n \n \n \n \n \n Notes to Editors\n \n \n \n \n \n Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, and, on the Warsaw Stock Exchange (LSE: \"PLAZ\", WSE: \"PLZ/PLAZACNTR\") and, on the Tel Aviv Stock Exchange(\"PLAZ\").\n \n \n .\n \n \n \n[1] Please see the Company's previous announcement dated July 12,2021, August 1,2021, August 10,2021, October 4, 2021, November 12, 2021 and November 22, 2021.\n \n 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 [email protected] 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 RN...