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Plaza Centres plc – Outcome of EGM

Jonathan Falzon

April 14, 2026

14 April, 2026
3 min read
14 April, 2026
3 min read

Following last week's article detailing the performance of the S&P 500 index in 2025, it is worth devoting time to review the developments across the European equity markers in my last article of the year.

On 14 April 2026, Plaza Centres plc announced the results of the Extraordinary General Meeting held on that day.

The first resolution relating to the reduction in the number of board members was an extraordinary resolution. The resolution was supported by more than 75% of the shares represented at the meeting, but less than 65% of the total issued share capital of the company. As both thresholds were required to be met, the resolution was not carried.

The second resolution relating to a share buyback was also an extraordinary resolution. The resolution was supported by more than 75% of the shares represented at the meeting, but less than 65% of the total issued share capital of the company. As both thresholds were required to be met, the resolution was not carried.

The third resolution relating to a bonus share issue was an ordinary resolution, but it did not achieve a simple majority and thus was not carried.

Plaza will convene a further extraordinary general meeting at which the first two resolutions shall once again be put to the vote of shareholders. At such second meeting, the resolutions may be passed by either of the following majorities:

(a) 75% of the shares represented at the meeting; or

(b) if the meeting is attended by holders of more than 50% in nominal value of all issued shares, a simple majority of the votes cast.

The EGM is to be held by not later than 14 May 2026.

The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.

This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.

The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.

This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.

On 14 April 2026, Plaza Centres plc announced the results of the Extraordinary General Meeting held on that day.

The first resolution relating to the reduction in the number of board members was an extraordinary resolution. The resolution was supported by more than 75% of the shares represented at the meeting, but less than 65% of the total issued share capital of the company. As both thresholds were required to be met, the resolution was not carried.

The second resolution relating to a share buyback was also an extraordinary resolution. The resolution was supported by more than 75% of the shares represented at the meeting, but less than 65% of the total issued share capital of the company. As both thresholds were required to be met, the resolution was not carried.

The third resolution relating to a bonus share issue was an ordinary resolution, but it did not achieve a simple majority and thus was not carried.

Plaza will convene a further extraordinary general meeting at which the first two resolutions shall once again be put to the vote of shareholders. At such second meeting, the resolutions may be passed by either of the following majorities:

(a) 75% of the shares represented at the meeting; or

(b) if the meeting is attended by holders of more than 50% in nominal value of all issued shares, a simple majority of the votes cast.

The EGM is to be held by not later than 14 May 2026.