Plaza Centres plc - Interim Directors’ Statement

Thursday, October 22nd, 2015

On 21 October, Plaza Centres plc issued its Interim Directors’ Statement updating the market on its performance since the publication of its interim results as at 30 June 2015.

Occupancy levels as at 30 September increased marginally to 94% (30 June 2015: 93%) and improved further in the fourth quarter with the opening of a new fashion outlet. In fact, revenue and profit before tax increased when compared to the corresponding period last year. The Directors are expecting the Company’s financial results for the year to be in line with their expectations. In 2014, Plaza had registered a pre-tax profit of €1.5 million.

The Company also paid tribute to the late Mr. Albert Mizzi, who passed away on 10 September. Mr. Charles J. Farrugia, who has been a Director of Plaza Centres plc for the past 7 years, was unanimously appointed as Chairman to replace Mr Mizzi.

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