REG - Plaza Centers N.V. - Statement re Tax Authority Investigation

Plaza Centers NVAnnouncement

25/03/2024 10:15

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RNS Number : 1478I  Plaza Centers N.V.  25 March 2024

March 25, 2024

PLAZA CENTERS N.V.

 

TAX AUTHORITY INVESTIGATION AT ELBIT PLAZA INDIA MANAGEMENT SERVICES PRIVATE
LIMITED

 

Plaza Centers N.V. ("Plaza" or the "Company") is pleased to announce today
that further to its announcement dated March 27, 2023 with regards to the
search and seizure operations carried by the Indian tax authorities at the
offices of Elbit Plaza India Management Services Private Limited (hereinafter:
"EPIM") (which is a private company wholly owned by Elbit Plaza India Real
Estate Holdings Limited), EPIM has received a favorable order under which
investigation for one of the three years under investigation is completed
without imposing any liability on EPIM. Inquiry into the remaining periods of
the investigation is continuing and the Company will update on any
development.

 

 

Ends

For further details, please contact:

 

Plaza

 

Ron Hadassi, Executive
director;
972-526-076-236

 

Forward-looking statement

 

This press release may contain forward-looking statements with respect to the completion of the transaction. Such statements are based on current expectations, estimates and projections of Plaza Centers N.V. and information currently available to the Company. Plaza Centers N.V. cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements.

 

Notes to Editors

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").

 

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