Helsinki, 2016-Sep-23 — /EPR Retail News/ — The Board of Directors of Citycon Oyj has today ( September 21, 2016 ) decided that an equity repayment of EUR 0.0375 per share be distributed from the invested unrestricted equity fund of the company. The equity repayment will be paid to a shareholder registered in the company’s shareholders’ register maintained by Euroclear Finland Ltd on the record date for the equity repayment September 23, 2016. The equity repayment will be paid on September 30, 2016.
The distribution is based on the authorization by Citycon Oyj’s Annual General Meeting held on March 16, 2016. The total amount of the authorization shall not exceed EUR 0.1125 per share and the authorization is valid until the opening of the Annual General Meeting 2017. Following the equity repayment on September 30, 2016, Citycon Oyj has distributed a total dividend and equity repayment of EUR 0.1125 per share during the year 2016. The remaining authorization of the Board of Directors is EUR 0.0375 per share.
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 EUR 4.7 billion and with market capitalisation of close to EUR 2 billion. For more information about Citycon, please visit www.citycon.com.
For further information, please contact:
Marcel Kokkeel
CEO
Tel. +358 20 766 4521
+358 40 154 6760
marcel.kokkeel@citycon.com
Eero Sihvonen
Executive Vice President and CFO
Tel. +358 20 766 4459
+358 50 557 9137
eero.sihvonen@citycon.com
Source: Citycon Oyj