NOTIFICATION OF MAJOR INTERES

RNS Number : 1588R

Plaza Centers N.V.

17 August 2010

 



17 August 2010

Plaza Centers N.V.

NOTIFICATION OF MAJOR INTEREST IN SHARES

Plaza Centers N.V. ("Plaza" or the "Company"), announces that it received notification on 16 August 2010 that the AVIVA Open Pension Fund BZ WBK S.A. of Poland, now holds 22,668,243 shares in the Company, representing approximately 7.65% of the entire issued share capital of the Company.

For further details please contact:

Plaza Mordechay Zisser, Chairman Ran Shtarkman, President and CEO Roy Linden, CFO	[phone] [phone] [phone]
Financial Dynamics Stephanie Highett/Laurence Jones	[phone]

Notes to Editors

Plaza Centers N.V. (www.plazacenters.com) is a leading emerging markets developer of shopping and entertainment centres.  It focuses on constructing new centres and, where there is significant redevelopment potential, redeveloping existing centres in both capital cities and important regional centres. The Company is dual listed on the Main Board of the London Stock Exchange and, as of 19 October 2007, the Warsaw Stock Exchange (LSE:"PLAZ", WSE: "PLZ/PLAZACNTR"). Plaza Centers N.V.  is an indirect subsidiary of Elbit Imaging Ltd. ("EIL"), an Israeli public company whose shares are traded on both the Tel Aviv Stock Exchange in Israel and the NASDAQ Global Market in the United States.

Plaza Centers is a member of the Europe Israel Group of companies which is controlled by its founder, Mr Mordechay Zisser.  It has been active in real estate development in emerging markets for over 14 years.

 

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