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

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RNS Number : 0270U  Plaza Centers N.V.  20 January 2025

January 20, 2025

 

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 25, 2024 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 tax assessment order (from the
Indian Tax Authority) for the financial years 2022 - 2023 and with this the
ongoing income tax investigations/assessments are completed without imposing
any liability on EPIM.

 

 

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").

Exchange, and, on the Warsaw Stock Exchange (LSE: "PLAZ", WSE:
"PLZ/PLAZACNTR") and, on the Tel Aviv Stock Exchange ("PLAZ").

 

 

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