April 3, 2024
PLAZA CENTERS N.V.
UPDATE REGARDING ARBITRATION AGAINST ROMANIA WITH RESPECT TO THE "CASA
RADIO" PROJECT
Further to its last announcements, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, on 2 April, 2024 the Company filed its Reply on the merits and counter memorial on jurisdiction at the International Centre for the Settlement of Investment Disputes. The Company's updated full compensation for its losses with respect to the Project is currently estimated to be up to EUR 425,500,000 as at 31 March, 2024.
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 (LSE: "PLAZ"), on the Warsaw Stock Exchange (WSE: "PLZ/PLAZACNTR") and on the Tel Aviv Stock Exchange ("PLAZ").
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Disclaimer
Plaza Centers NV published this content on 03 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2024 09:16:01 UTC.