UNI - EN REPORT No
UNI - EN REPORT No13/2020
Plaza Centers N.V. ("Plaza" or the "Company") announces today, further to Note 6.b (1) of the Company's 2019 financial statements, regarding the draft of the Revised Master Plan-2031, under which it was proposed to change the zoning of most of the plot in Bangalore from residential to open space/ parks/recreation zone (the "Master Plan"), which if given effect would have adversely affected the development prospects on the plot; that the Master Plan has been withdrawn by the Government of Karnataka.
For further details, please contact:
Ran Yaacovs, CFO 972-546-303-006
Notes to Editors
Plaza 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.