Citycon Oyj - Other information disclosed according to the rules of the Exchange

Citycon resolved to increase the maximum reward to be paid in the Restricted Share Plan 2015

CITYCON OYJ     Stock Exchange Release     22 March 2017 at 16:10 hrs
The Board of Directors has on 22 March 2017 resolved to adjust the amount of the
maximum reward under the Restricted Share Plan 2015 approved by the Board of
Directors in February 2015. The adjusted maximum total number of shares that can
be paid for the group key employees under the Restricted Share Plan 2015 is
700,000 shares (also including the cash proportion to be used for taxes and tax
-related costs) which represents a 200,000 share increase. The rewards from the
Restricted Share Plan 2015 may be allocated until the end of 2018.
As a rule, the reward will be based on a valid employment or service contract of
a key employee upon the reward payment, and it will be paid partly in the
company’s shares and partly in cash after the end of a two-year or a three-year
vesting period.
Helsinki, 22 March 2017
CITYCON OYJ
For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 40 154 6760
marcel.kokkeel@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 over EUR 2 billion. For more information about Citycon, please
visit www.citycon.com