Citycon Oyj - Changes in company's own shares

Conveyance of Citycon Oyj's own shares for payment of reward earned under incentive program

CITYCON OYJ   Stock Exchange Release   27 March 2024 at 17:50 hrs

Citycon Oyj has on 27 March 2024 conveyed in total 10,674 own shares held by the
company in a directed share issue without consideration to two key persons for
payment of rewards earned under the Matching Share Plan 2022-2024 in accordance
with the terms and conditions of said plan.
On 19 March 2024, Citycon Oyj's Board of Directors decided on the repurchase and
conveyance of an aggregate maximum number of 231,603 of its own shares in
several separate transactions to implement payments of reward earned under
incentive programmes.
The conveyance of shares is based on the authorisation granted to the Board of
Directors by the General Meeting of Shareholders held on 19 March 2024. The
shares were conveyed and registered in the recipient's book-entry account on 27
March 2024, after which they entitle their holder to dividend and other
shareholder rights.
Further details concerning the company's the Matching Share Plan 2022-2024 are
available on the company's website.
The company does not hold any of its own shares after the conveyance.
CITYCON OYJ
For further information, please contact:
Sakari Järvelä
Chief Financial Officer
Telephone +358 50 387 8180
sakari.jarvela@citycon.com
Citycon is a leading owner, manager and developer of mixed-use real estate
featuring modern, necessity-based retail with residential, office and municipal
service spaces that enhance the communities in which they operate. Citycon is
committed to sustainable property management in the Nordic region with assets
that total approximately EUR 4.0 billion. Our centres are located in urban hubs
in the heart of vibrant communities with direct connections to public transport
and anchored by grocery, healthcare and other services that cater to the
everyday needs of customers.
Citycon has investment-grade credit rating from Standard & Poor's (BBB-).
Citycon's shares are listed on Nasdaq Helsinki Ltd.
www.citycon.com