Plaza Centres plc issued its Interim Directors Statement on 19 December 2007. The Company reported that the new extension project is at an advanced stage of completion and is moving according to plan and within budget. The completion date remains unchanged for early 2008. Plaza Centres also reported that leasing contracts for the new areas will be concluded shortly while occupancy for the second half of the year remained high at 98.26%.
The Directors confirmed that the financial position of the company has remained satisfactory and is in line with the Company’s projections and expectations.