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   10 January 2018 at 12:30 hrs
Citycon Oyj has on 10 January 2018 conveyed 30,000 own shares held by the
company in a directed share issue without consideration to two 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 10
January 2018, 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.
Espoo, 10 January 2018
CITYCON OYJ
Further information:
Mikko Pohjala
Head of Investor Relations
Tel. +358 40 838 0709
mikko.pohjala@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 region,
managing assets that total almost EUR 5 billion and with market capitalisation
of close to EUR 2 billion. For more information about Citycon, please visit
www.citycon.com

Citycon has investment-grade credit ratings from Moody's (Baa1) and Standard &
Poor's (BBB). Citycon Oyj’s share is listed in Nasdaq Helsinki.