Citycon Oyj - Changes in company's own shares

Conveyance of Citycon Oyj's own shares for payment of rewards earned under incentive programme

CITYCON OYJ   Stock Exchange Release   22 August 2017 at 14:15 hrs
Citycon Oyj has on 22 August 2017 conveyed 12,854 own shares held by the company
in a directed share issue without consideration to three persons belonging to
the key personnel of the company for payment of rewards earned under the
Restricted Share Plan 2015 in accordance with the terms and conditions of said
plan.
On 12 July 2017, Citycon Oyj's Board of Directors decided on the repurchase and
conveyance of an aggregate maximum number of 2,500,000 of its own shares in
several separate transactions during 2017-2020 to implement payments of rewards
earned under the company's Performance Share Plan 2015 and Restricted Share Plan
2015.
The conveyance of shares is based on the authorisation granted to the Board of
Directors by the General Meeting of Shareholders held on 22 March 2017. The
shares were conveyed and registered in the recipient's book-entry accounts on 22
August 2017, after which they entitle their holders to dividend and other
shareholder rights.
Further details concerning the company's Restricted Share Plan 2015 are
available in the company's remuneration statements.
The company does not hold any of its own shares after the conveyance.
Helsinki, 22 August 2017
CITYCON OYJ
For further information, please contact:
Henrica Ginström
Vice President, Investor Relations and Communications
Tel. +358 50 554 4296
henrica.ginstrom@citycon.com
Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager
of urban grocery-anchored shopping centres in the Nordic and Baltic regions,
managing assets that total approximately EUR 5 billion and with market
capitalisation of EUR 2 billion. For more information about Citycon, please
visit www.citycon.com