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2007-10-08 13:20:37 CEST 2007-10-08 13:20:37 CEST REGULATED INFORMATION Citycon Oyj - Company AnnouncementFinal result of Citycon s rights issue and increase of maximum number of shares that can be subscribed for pursuant to convertible capital bonds of 2006CITYCON OYJ Stock Exchange Release 8 October 2007 at 14.20 hrs NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA All offered 27,594,782 shares were subscribed for in Citycon's rights issue completed on 3 October 2007. A total of 27,235,387 shares were subscribed for in the primary subscription representing 98.7 per cent of the shares offered. A total of 6,775,015 shares were subscribed for in the secondary subscription exceeding by 6,415,620 shares the number of shares available. The gross proceeds raised by Citycon in the rights issue were EUR 99,341,215.20. The Board of Directors of Citycon Oyj has today approved all primary subscriptions made in the offering carried out between 19 September 2007 and 3 October 2007, and decided to approve the subscriptions made by the company's shareholders by virtue of the secondary subscription right in proportion to their holding on the record date 13 September 2007 in accordance with the terms and conditions of the offering. A shareholder who has exercised his/her secondary subscription right will receive new shares approximately 0.36 per cent of the holding on the record date rounded to the closest entire share. Since no fractions of shares can be issued, shareholders whose holding on the record date of the offering was 140 shares or less, could not be allocated any shares in the secondary subscription. Shareholders that did not receive any or all shares subscribed for by virtue of the secondary subscription right will be repaid the subscription price for the shares not received to the bank account informed by the shareholder in connection with the subscription on or about 10 October 2007. No interest will accrue for the repayable funds. Shares subscribed for in the primary subscription have been subject to public trading on the OMX Nordic Exchange Helsinki since 4 October 2007 as interim shares. All shares subscribed for in the rights issue will be registered with the Finnish Trade Register on or about 10 October 2007 after which the interim shares will be combined with Citycon's existing class of shares. The interim shares as well as shares subscribed for by exercising the secondary subscription right will be subject to public trading on the OMX Nordic Exchange Helsinki together with the other Citycon shares starting on or about 11 October 2007. Following the registration of the new shares in the Trade Register, the number of Citycon's shares will amount to 220,758,254 shares. All shares subscribed for in the rights issue have been fully paid for. The subscribed shares will entitle their holders to full dividend (if any) and to all other rights attached to the shares in the company as of the registration of the shares with the Trade Register. Pursuing to the rights issue and the decision to adjust the conversion price of the convertible capital bonds listed on 22 August 2006 taken by the Board of Directors on 10 September 2007 in accordance with the terms and conditions of the bonds, the Board of Directors also decided to increase the maximum number of shares that can be subscribed for pursuant to the convertible bonds from 25,326,947 shares to 26,190,476 shares. The increase in the maximum number of shares is expected to be registered in the Trade Register on or about 10 October 2007. Helsinki, 8 October 2007 CITYCON OYJ Board of Directors For further information, please contact: Petri Olkinuora, CEO, tel. +358 9 6803 6738 or mobile +358 400 333 256 Eero Sihvonen, CFO, mobile +358 50 557 9137 Distribution: OMX Nordic Exchange Helsinki Major media www.citycon.fi This release is not an offer of securities for sale in the United States. The securities referred to herein may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial statements. The issuer does not intend to conduct a public offering in the United States or register any part of the offering in the United States. Copies of this release are not being made and may not be distributed or sent into the United States, Canada, Japan or Australia. |
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