The plate will act as an antenna. As an antenna, it will produce electric and magnetic fields around it. It will produce both far field radiation (fields that propagate away from the antenna indefinitely) and near fields (field patterns that are significant only relatively near the antenna and don't produce radiation away from the antenna).
It might be a good antenna or a bad antenna depending on various factors, such as the dimensions of the plate (relative to the wavelength of the signal), the location of the antenna relative to any nearby ground plane, the presence of nearby scattering objects, etc.
To determine whether it's a good antenna or a bad one, you have a couple of choices:
Build it and measure.
Use an electromagnetic simulator such as Ansys HFSS or Microwave Office to estimate the radiation pattern
Use a look up table or empirical formula created by somebody who has previously studied antennas with similar geometry and produced these tools for estimating the properties.
Even if it is a good antenna, you likely will need to provide some kind of matching network (a small circuit connected between the feedline and the antenna proper) to optimize the coupling of energy from the feedline to the antenna.