PLAZA CENTERS [PLZ] księga I

[AdmiralPiett]

mam plaze i sygnity jak wywale to sie zamelduje

obie spolki dzis urosly

moze zaczynasz miec czucie

[Szczupak_Gieldowy]

tu jakies wahania dzis widzialem

a zadnego komentu !

[AdmiralPiett]

kolejny sukces

PLAZA CENTERS NV (35/2016) CLOSING OF DEBT REPAYMENT AGREEMENT WITH FINANCING BANK AND SALE OF ZGORZELEC PLAZA SHOPPING CENTER IN POLAND

14.09. Warszawa (PAP/ESPI) - Report no 35/2016

Podstawa prawna: Plaza Centers N.V. (''Plaza'' or the ''Company''), a leading emerging markets property developer, announces that, further to its announcement on 30 June 2016 regarding a Debt Repayment Agreement (''DRA'') with the financing bank (the ''Bank'') of Zgorzelec Plaza Shopping Center in Poland, it has completed the sale of the shares in Zgorzelec Plaza.

A Share Purchase Agreement has been signed with an Appointed Shareholder nominated by the Bank, after which the remainder of the DRA process was completed, including delivery of the Release Letters to the Company, and removing a mortgage over the asset of the Company in Leszno, Poland (valued at €0.8 million), as described in the announcement on 30 June 2016.

As previously stated, Plaza expects to recognise an accounting profit of circa €10 million, stemming from the release of €23.0 million of the outstanding (and partially recourse) loan (including accrued interest thereof), against an outstanding asset valued at €12 million as of 30 June 2016.

[AdmiralPiett]

i nawet kolejny sukces

Report no 36/2016

Podstawa prawna: Plaza Centers N.V. (''Plaza'' or the ''Company''), a leading emerging markets property developer, announces that, further to its announcement on 16 May 2016, one of its subsidiaries, in which it has a 50% stake, has completed the sale of Riga Plaza shopping and entertainment centre in Riga, Latvia, to a global investment fund. As previously stated, the agreement reflects a value for the business of €93.4 million (reflecting 100%), which is in line with the last reported book value.

Following a price adjustment mechanism and costs incurred in respect of the completion of the sale, the Company will receive €17.8 million in cash after repayment of banks loan (representing Plaza's share of the sale of the business), with an additional €0.6 million expected to be received within the next 25 months.

In line with the Company's stated restructuring plan, at least 75% of the net cash will be distributed to Plaza's bondholders in the fourth quarter of 2016.

The 49,000 sqm GLA mall, is the second largest developed by Plaza, following the Arena Plaza Budapest development and represents the only project undertaken by Plaza in the Baltic region.

Dori Keren Acting CEO at Plaza Centers, said:

''Plaza successfully executed the development, the launch in March 2009 and the continued management of Riga Plaza and it is now one of the dominant schemes in the Latvian capital, producing high levels of occupancy, footfall and turnover. The sale of the centre is aligned with our strategy to dispose of non-core or mature assets in order to reduce Company debt levels whilst enabling us to bring other development projects on line.''

[andrea]

i nawet kolejny sukces

Report no 36/2016

Podstawa prawna: Plaza Centers N.V. (''Plaza'' or the ''Company''), a leading emerging markets property developer, announces that, further to its announcement on 16 May 2016, one of its subsidiaries, in which it has a 50% stake, has completed the sale of Riga Plaza shopping and entertainment centre in Riga, Latvia, to a global investment fund. As previously stated, the agreement reflects a value for the business of €93.4 million (reflecting 100%), which is in line with the last reported book value.

Following a price adjustment mechanism and costs incurred in respect of the completion of the sale, the Company will receive €17.8 million in cash after repayment of banks loan (representing Plaza's share of the sale of the ....

with an additional €0.6 million expected to be received within the next 25 months.

In line with the Company's stated restructuring plan, at least 75% of the net cash will be distributed to Plaza's bondholders in the fourth quarter of 2016.

The 49,000 sqm GLA mall, is the second largest developed by Plaza, following the Arena Plaza Budapest development and represents the only project undertaken by Plaza in the Baltic region.

Dori Keren Acting CEO at Plaza Centers, said:

''Plaza successfully executed the development, the launch in March 2009 and the continued management of Riga Plaza and it is now one of the dominant schemes in the Latvian capital, producing high levels of occupancy, footfall and turnover. The sale of the centre is aligned with our strategy to dispose of non-core or mature assets in order to reduce Company debt levels whilst enabling us to bring other development projects on line.''

......
Poprzednie info o Rydze było zwiastunem o sprzedaży i kurs poszedł do 29 zł...
Teraz jest realizacja...A kurs?...

[AdmiralPiett]

szacun

obroty mniejsze niz w Almie !

a to nie jest takie latwe

479 zeta obrocone

szał pał

[AdmiralPiett]

Report no 38/2016

Podstawa prawna: Further to its announcement on 28 June 2016, Plaza Centers N.V. (''Plaza'' or the ''Company''), a leading emerging markets property developer, announces that it has completed the sale of a 20,700 sqm plot of land in Lodz, Poland, to a residential developer, for EUR 2.4 million.

On exchange, Plaza received an initial payment of EUR 1.04 million, followed byEUR 180,000 in November 2016, EUR 220,000 in December 2016 and a final instalment of EUR 0.96 million in June 2017.

In line with the Company's stated restructuring plan, 75% of the EUR 1.04 million cash received will be distributed to Plaza's bondholders as part of the Bonds prepayment on September 30, 2016.

[AdmiralPiett]

Plaza Centers ma list intencyjny ws. sprzedaży centrum handlowo-rozrywkowego w Belgradzie

Plaza Centers podpisała list intencyjny w sprawie sprzedaży centrum handlowo-rozrywkowego w Belgradzie

Zgodnie z warunkami listu intencyjnego po zamknięciu ostatecznej umowy, Plaza otrzymać ma maksymalnie 35 mln euro i będzie uprawniona do dodatkowej zapłaty w wysokości około 15 mln euro w momencie otwarcia centrum handlowego.

Spółka podała, że transakcja ma zostać sfinalizowana w czwartym kwartale 2016 roku.

[AdmiralPiett]

Plaza Centers Polish Operations B.V., spółka zależna Plaza Centers N.V., ma nowy niewiążący list intencyjny z funduszem inwestycyjnym dotyczący sprzedaży Suwałki Plaza, który wycenia centrum handlowe na 42,3 mln euro

[AdmiralPiett]

Report no 44/2016

Podstawa prawna: Further to its announcement of 26 October 2016, Plaza Centers N.V. (''Plaza'' or the ''Company''), an emerging markets property developer, wishes to inform the market that it has signed a new non-binding Letter of Intent (''LOI'') with BIG Shopping Centers Ltd., a publically traded company listed in the TA 100 Index (the top 100 companies traded on the Tel Aviv Stock Exchange), (with or without affiliates, the ''Purchaser'') regarding a possible forward sale of Belgrade Plaza shopping and entertainment center (''Belgrade Plaza'') in Belgrade, Serbia.
The LOI binds the Purchaser to a strict timeline for committing a comprehensive Due Diligence and finalizing a detailed binding agreement which determines that the transaction should conclude by the end of the year.
Should the transaction proceed to a signed share purchase agreement, following the due diligence process, Plaza will receive up to €28 million from the Purchaser upon the signing of the agreement as a first installment, and will be due further payments during the first year of operation, subject to certain targets and milestones being met. The Purchaser will provide a guarantee to secure such further payments.
The final agreed value of Belgrade Plaza will be calculated based on a cap rate of 8.25% and the sustainable NOI after 12 months of operation (estimated NOI by the Company at that time stage is circa €7.5 million per year). Plaza has a line of credit from a financing bank for the development of Belgrade Plaza in a maximum amount of €42 million.
While it is expected that the disposal of Belgrade Plaza will be finalized in the fourth quarter of this year, at this point in time there is no certainty that the transaction will be completed. Plaza will update the market on the progress of the transaction as appropriate.

Ends
For further details, please contact:
Plaza
Dori Keren, Acting CEO +48 22 231 99 00

[AdmiralPiett]

Report no 45/2016

Podstawa prawna: As previously announced, Plaza is implementing a restructuring plan that was approved by the Dutch court on 9 July 2014 (the ''Restructuring Plan'').

Under the Restructuring Plan, principal payments under the notes (both those that are traded on the Tel Aviv Stock Exchange and those held by Polish investors) issued by Plaza and originally due in the years 2013 to 2015 were deferred for a period of four and a half years, and principal payments originally due in 2016 and 2017 were deferred for a period of one year (the ''Extended Repayment Schedule'').

The Restructuring Plan further provides that, if the Company does not prepay an aggregate amount of at least NIS 434,000,000 (circa €103 million) on the principal of the notes on or before 1 December 2016 (the ''Early Prepayment''), the principal payments due under the Extended Repayment Schedule will be advanced by one year (the ''Accelerated Repayment Schedule'').

Since the Restructuring Plan became effective, the Company has made Early Prepayments of an aggregate amount of approximately NIS 142.5 million (circa €34 million) and has repaid a total amount of circa €71 million in respect of the principal amount, together with interest (on top of the issuance to the bondholders of 13.21% of its outstanding share capital). At the same time, the Company continues to implement an aggressive cost cutting plan in order to reduce its general and administrative expenses, which have decreased by approximately 20% over the period.

The Company is currently in active negotiations on several disposal transactions with a total negotiated value of circa €140 million (with an estimated €71 million of expected net proceeds to the Company) and, although there is no certainty that the transactions will be completed, it is expected that the closing of these transactions will take place within a few months of 1 December 2016.

The enforcement of the Accelerated Repayment Schedule would add significant pressure to the Company's liquidity and result in an acceleration of the asset sales, which is likely to have an adverse impact upon the value achieved on any disposals. The Accelerated Repayment Schedule may, therefore, adversely affect the position of the Company's stakeholders, including its shareholders and creditors.

Accordingly, the Company has a strong preference to continue operating on the basis of the Extended Repayment Schedule. In order to ensure that the Extended Repayment Schedule remains applicable, in the event that the closing of the aforementioned transactions takes longer than anticipated, the Company is proposing to seek, from its bondholders, a relaxation of the terms of the Early Prepayment required to maintain the Extended Repayment Schedule.

The proposed amendments sought by Plaza comprise the postponement of the Early Prepayment date by up to four (4) months, and the reduction of the total amount of the required Early Prepayments to at least NIS 382,000,000 (a reduction of 12% on the original amount) (the ''Requested Amendment''). Apart from this Requested Amendment, the Company intends to otherwise fully comply with the repayment schedule of the notes. Plaza proposes to implement the Requested Amendment through a consensual process with its bondholders and will shortly be initiating discussions with its bondholders in order to seek their consent to the Requested Amendment.

Plaza has made considerable progress in creating and generating value from its assets and appreciates the continued support of its stakeholders in order to be able to continue the implementation of the approved Restructuring Plan. A further update will be provided in due course.

[AdmiralPiett]

Report no 46/2016

Podstawa prawna: Plaza Centers N.V. (''Plaza'' / the ''Company'') announces that Standard & Poor's Maalot (''S&P Maalot''), the Israeli credit rating agency which is a division of Standard & Poor's International, has updated its credit rating for Plaza's series of two Notes traded on the Tel Aviv Stock Exchange from ''ilBBB-'' to ''ilCCC-'' on the local Israeli scale. The update follows the Company's announcement dated 7 November 2016 outlining a proposed amendment to an early prepayment term under the Restructuring Plan that was approved by the Dutch court on 9 July 2014.

A full copy of the S&P Maalot report is available at http://plazacenters.com/index.php?p=fin ... ports_2016 (Currently in Hebrew; an English translation will be available shortly)

[bosmanMAT]

aj sie kolka kiedys robiło

[Neuter]

aj sie kolka kiedys robiło

niech wejda na poziomy 15-18 zeta to znow beda koleczka mozliwe

az szczena opadnie jak wyszczela na 3 dychy !!!

[bullstock]

[2016-11-16 16:40:44] Warszawa (PAP/ESPI) - Report no 47/2016

Podstawa prawna: Plaza Centers N.V. ("Plaza" or the "Company"), an emerging markets property developer, further to its announcement of 30 September 2016, provides an update regarding an agreement to sell 100% of its interest in a special purpose vehicle which holds a site in Bangalore, India by Elbit Plaza India Real Estate Holdings Limited (in which Plaza holds a 50% stake with its joint venture partner, Elbit Imaging Ltd.) ("EPI") to a local investor (the "Purchaser").

The Purchaser paid an advance payment of INR 5 Crores (approximately 0.65 million) on 30 September 2016, but has informed EPI that it will be unable to execute the advance payments due in the fourth quarter of 2016 under the Sale Agreement. The Sale Agreement determines that if the Purchaser fails to execute any of the advance payments, EPI will be able to enforce its rights under the Sale Agreement including the execution of the Securities. As such, EPI is now considering its options with respect to the Sale Agreement, including, inter alia, the execution of the securities provided by the Purchaser to EPI under the Sale Agreement.

The Company will update the market on any new developments as appropriate.