Elbit Imaging Ltd (EMITF)

[midastouch017]

Elbit Imaging Announces Update Regarding The Sale Of The Torun Plaza Shopping Center In Poland

TEL AVIV, ISRAEL / ACCESSWIRE / November 6, 2017 / Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, in further to its announcements dated June 21, 2017, August 30, 2017 and October 25, 2017 that its subsidiary, Plaza Centers N.V. ("Plaza") has signed a definitive Share Purchase Agreement regarding the sale of shares in the SPV holding of the Torun Plaza shopping center in Poland to an investment fund. Plaza anticipates that the closing and settlement of the transaction will take place by the end of November.