Update Re Arbitration Process Against Romania
Plaza Centers N.V. has provided an update on its arbitration proceedings against Romania concerning the Casa Radio project, indicating that the International Centre for the Settlement of Investment Disputes is expected to issue its award in February or early March 2026. This development follows the company's previous announcement on November 19th, 2025, and the timing of this award could significantly impact the company's financial outlook.
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Further to its last announcement dated November 19th, 2025, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, regarding the ongoing arbitration proceedings before the International Centre for the Settlement of Investment Disputes initiated by the Company in relation to the Casa Radio / Dâmbovița Center Project in Bucharest, and further to the Company's request for an update on the expected timing of the Tribunal's award, the Tribunal has indicated that its award is anticipated to be issued in the course of February or early March 2026.
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