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Monday, 04/03/2017 10:46:58 AM

Monday, April 03, 2017 10:46:58 AM

Post# of 1834
Elbit Imaging Announces Delay in the Publication of the Financial Results of its Subsidiary, Plaza Centers

Accesswire AccesswireApril 3, 2017
TEL AVIV, ISRAEL / ACCESSWIRE / April 3, 2017 / Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that the audit process of Plaza Centers N.V. ("Plaza") (LSE: PLAZ), an indirect subsidiary (45%) of the Company, annual financial statements is still ongoing and, therefore, there will be a delay in the publication of Plaza's financial results for the year ended 31 December 2016. Work is being undertaken to address the situation with a view to announcing the financial results as soon as possible. Without any connection to the above-mentioned delay, Plaza's annual financial statements, when published, will include a "going concern" note.

Due to the above-mention delay, EI cannot publish its annual financial results by the end of March, as it did in previous years.

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