TEL AVIV, Israel, July 21, 2014 /PRNewswire/ -- Elbit Imaging Ltd. ( " EI " or the " Company " ) ( TASE, NASDAQ: EMITF ) announced today further to the Company's announcements made on March 27, 2014 and June 26, 2014, that its subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR) (" Plaza "), has announced that following the Dutch Court (the " Court ") approving Plaza's restructuring plan (the " Plan ") on July 9, 2014, Plaza has received confirmation that the decision of the Court has become irrevocable and, as a result, the date of July 18, 2014 is the "Effective Date" as defined in the Plan on which the Plan becomes binding and effective. As a consequence of the confirmation decision becoming final, Plaza's suspension of payment proceedings, which commenced on November 18, 2013, has today come to an end and Plaza has successfully emerged from the reorganization proceedings.