Pressmeddelanden, rapporter och bolagsmeddelande för Citycon Oyj

Citycon Oyj announced that, following resolutions made at their Annual and Extraordinary General Meetings in 2024, the net annual fees for the Board of Directors, after taxes and charges, will be paid in Citycon Oyj shares. As part of this arrangement, F. Scott Ball, a Board member, received 9,599 shares as a share-based incentive on December 19, 2024. The transaction was conducted outside a trading venue, with the shares having a unit and volume-weighted average price of 0 EUR. For more information, Anni Torkko, the Investor Relations Manager, can be contacted.

Citycon Oyj announced a managers' transaction involving Sandy Koifman, a member of its Board of Directors. Following resolutions made at the Annual and Extraordinary General Meetings in 2024, board members' annual fees, after taxes and charges, are to be paid in Citycon Oyj shares. Accordingly, 6,650 shares were transferred to Sandy Koifman on December 19, 2024, as a share-based incentive. The transaction was conducted outside a trading venue, with the shares having a unit price and volume weighted average price of 0 EUR. For more information, contact Anni Torkko, Investor Relations Manager.

Citycon Oyj announced that, following resolutions from their Annual and Extraordinary General Meetings in 2024, the net annual fees for the Board of Directors will be paid in shares after taxes and charges. As a result, Eero Sihvonen, a Board member, received 971 shares of Citycon Oyj as a share-based incentive on December 19, 2024. The transaction was conducted outside a trading venue, and the shares had a unit price of 0 EUR. For more information, Anni Torkko, the Investor Relations Manager, can be contacted.

Citycon Treasury B.V. has announced its intention to redeem its outstanding NOK 1.4 billion 3.900% notes and NOK 1.0 billion 2.750% notes, both due in September 2025, following a successful tender offer. The redemption dates are set for January 2025, with the NOK 1.4 billion notes redeeming on the 30th and the NOK 1.0 billion notes on the 10th. The notes are listed on the Oslo Stock Exchange. Citycon is a Nordic real estate company with a focus on sustainable property management, and it holds an investment-grade credit rating. The announcement includes a regulatory notice emphasizing that it does not constitute an offer to sell securities in jurisdictions where it would be unlawful.

Citycon Oyj announced several resolutions regarding the remuneration of its Board of Directors. The Annual General Meeting on 19 March 2024 set annual fees for the board members. An Extraordinary General Meeting on 18 June 2024 decided that these fees, after taxes and charges, would be paid in two equal instalments in new or treasury shares. The first instalment was paid in July 2024. On 12 November 2024, another Extraordinary General Meeting elected a new board member, who will receive a fee proportional to their term. The Board of Directors, under authorization from the Annual General Meeting, resolved to issue new shares without consideration to pay the second instalment of fees and the new member's fee. A maximum of 79,455 new shares will be issued, deviating from shareholders' pre-emptive rights, as part of board remuneration. The share price is based on the average price on Nasdaq Helsinki from 21 November to 4 December 2024. The cash portion of the fee covers withholding tax. The new shares are expected to be registered on 18 December 2024 and listed on Nasdaq Helsinki on 19 December 2024, bringing the total number of shares to 184,231,295. Citycon is a Nordic real estate company focused on sustainable property management, with assets of approximately EUR 4 billion, and its shares are listed on Nasdaq Helsinki Ltd.

Citycon Oyj announced an offer for holders of its subsidiary Citycon Treasury B.V.'s notes to tender them for purchase by Citycon for cash, as detailed in a tender information document. On December 4, 2024, Citycon Treasury B.V. issued EUR 350 million in Senior Unsecured Green Notes, with proceeds partly funding the tender offer. The offer expired on December 9, 2024, and Citycon will buy all validly tendered notes, subject to conditions. Settlement is expected by December 13, 2024, and interest will be paid on the settlement date. The offer is now closed. Citycon is a major real estate owner and developer in the Nordic region, with a focus on sustainable property management.