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Citycon to publish its Interim Report for January-September 2024 on Wednesday, 6 November 2024 after market close

CITYCON OYJ   Investor News   31 October 2024 at 10:30 hrsCitycon will publish its Interim Report for January-September 2024 on Wednesday, 6 November 2024 after market close. The report will be available on Citycon’s website immediately after publication.Citycon's investor, analyst and press conference call and live audiocast will be held on Thursday, 7 November 2024 at 10:00 a.m. EET. The audiocast can be participated by calling in and following live on the following website:  https://citycon.videosync.fi/q3-2024 

Citycon divests a residential property in Sweden

CITYCON OYJ   Investor News   23 October 2024 at 08:30 hrsCitycon has signed an agreement to divest an upcoming residential property in Barkarbystaden, Stockholm, Sweden for a gross purchase price of approximately SEK 683 million.In 2022, Citycon signed a forward commitment agreement to acquire the property. Divestment of the asset is planned to be executed in December 2024 back-to-back, simultaneously with Citycon's purchase of the asset from the developer. As the asset was acquired as a forward commitment, this transaction will have minimal impact on Citycon’s cash flow.“We are

Notice to the Extraordinary General Meeting of Citycon Oyj

CITYCON OYJ   Stock exchange release   21 October 2024 at 16:45 hrsThe Extraordinary General Meeting (the “General Meeting”) of Citycon Oyj (the “Company”) will be held on Tuesday, 12 November 2024 at 12 noon (EET). The General Meeting will be held without a meeting venue using remote connection in real time, in accordance with Section 11 of the Articles of Association of the Company and Chapter 5, Section 16 Subsection 3 of the Finnish Limited Liability Companies Act. Instructions for participation are provided in section C of this notice.The Company’s shareholders may also exercise

Citycon to convene an extraordinary general meeting to resolve on the election of a new Board member

CITYCON OYJ   Stock exchange release   17 October 2024 at 18:00 hrsThe Board of Directors of Citycon Oyj (“Citycon” or the “Company”) proposes, on the recommendation of the Company’s Nomination and Remuneration Committee, that the number of members of the Board of Directors shall be increased to ten and that  Mr Eero Sihvonen will be elected as new member to the Board of Directors for a term of office expiring at the close of the next Annual General Meeting. Citycon will propose the election of the new member to the Board of Directors to the Extraordinary General Meeting to be held on 12

Inside information: Citycon’s CEO Henrica Ginström steps down from her position

CITYCON OYJ   Inside Information    8 October 2024 at 21:45 hrsThe Board of Directors of Citycon Oyj (“Citycon” or the “Company”) and Citycon’s CEO Henrica Ginström have mutually agreed that Ms. Ginström will step down from her position with immediate effect. Ms. Ginström assumed her role as Citycon’s CEO in April 2024. The Company’s Board of Directors has appointed Vice Chairman of the Company’s Board of Directors F. Scott Ball as Citycon’s interim CEO. Mr. Ball, who has previously served as Citycon’s CEO during the years 2019–2024, will assume the role immediately and will reside in

Inside information, profit warning: Citycon lowers its guidance for 2024 following the divestments and one-time reorganisation costs

Citycon Oyj     Inside Information     7 October 2024 at 20:15 hrsCitycon lowers its guidance for the financial year 2024. The change in guidance is mainly due to the combined effect of the executed divestments of Kongssenteret and Trekanten, the weakening NOK and SEK FX-rates in Q3/2024, postponed completion of Barkarby residential project, as well as previously announced one-time reorganisation costs following the organisational savings program. Additionally, the total number of shares increased following the share issue completed in February 2024, which also affects negatively the EPRA

Citycon has successfully completed the divestment of Trekanten in Norway

CITYCON OYJ     Investor News     30 September 2024 at 17.40 hrsCitycon has successfully completed the divestment of Trekanten in Oslo, Norway. The transaction was announced and signed on 6 September 2024. Gross purchase price of the transaction is NOK 1 325 million (approx. EUR 112 million). The price is in line with the latest IFRS fair value of the asset, excluding the value of existing building rights. The proceeds from the transaction will be used to repay debt and to further strengthen Citycon’s investment grade balance sheet.CITYCON OYJFor further information, please contact:

Citycon divests Trekanten in Norway

CITYCON OYJ   Investor News   6 September 2024 at 15.00 hrsCitycon has signed an agreement to divest Trekanten in Oslo, Norway for a gross purchase price of NOK 1 325 million (approx. EUR 112 million). The price is in line with the latest IFRS fair value of the asset, excluding the value of existing building rights. The transaction is estimated to close by the end of September. This transaction is part of Citycon’s ongoing divestment programme targeting EUR 350 million of assets sales by the end of 2024. The proceeds from this transaction will be used to repay debt and to further

Citycon Oyj: Managers' Transactions – Ball

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions - Popova

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions - Katzman

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions - Koifman

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions – Lukes

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions – Gordon

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions – Jemini

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions - Angster

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj: Managers' Transactions – Ovin

CITYCON OYJ   Managers’ Transactions   1 August 2024 at 18.00 hrsThe Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in shares of Citycon Oyj. In accordance with this resolution, the following shares have

Citycon Oyj resolved on a directed share issue without consideration for the payment of the remuneration to the Board of Directors

CITYCON OYJ     Stock Exchange Release     17 July 2024 at 19:15The Annual General Meeting of Citycon Oyj resolved on 19 March 2024 the annual fees for the members of the Board of Directors of Citycon Oyj. The Extraordinary General Meeting of Citycon Oyj resolved on 18 June 2024 that the net amount of the annual fees resolved by the Annual General Meeting for the members of the Board of Directors and Chairmen of the Board of Directors’ Committees, after the deduction of taxes and charges, will be paid in two equal instalments in new or treasury shares of Citycon Oyj.The Board of Directors

Inside information: Citycon decided on a quarterly distribution

CITYCON OYJ     Inside information     17 July 2024 at 19:15 hrsThe Board of Directors of Citycon Oyj has today decided, on the basis of the authorisation by the Annual General Meeting 2024, that an equity repayment of EUR 0.075 per share will 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 of the repayment 23 September 2024. The equity repayment will be paid on 30 September 2024.Following the asset

Citycon H1/2024: Strong operational performance combined with continued actions to improve credit profile

CITYCON OYJ    Half-Year Financial Report    17 July 2024 at 19:15 hrsStrong operational performance in Q1-Q2/2024 · Total net rental income increased by 9.3% compared to the previous year. · In comparable FX rates, total net rental income increased by 9.9%. · Like-for-like net rental income increased by 5.9%. · The weakening NOK and SEK FX-rates impacted on our results; the impact on total net rental income was EUR -0.6 million. · Average rent per sq.m. increased by 4.8% with comparable FX to EUR 25.0 per sq.m (vs. Q2/2023). · Retail occupancy 95.2% vs. 94.5% in Q2/

Citycon to publish its Half-Yearly Report for January–June 2024 on Wednesday, 17 July 2024 after market close

CITYCON OYJ   Investor News   12 July 2024 at 9:00 hrsCitycon will publish its Half-Yearly Report for 1 January – 30 June 2024 on Wednesday, 17 July 2024 after market close. The report will be available on Citycon’s website immediately after publication.Citycon's investor, analyst and press conference call and live webcasting will be held on Thursday, 18 July 2024 at 10 am EEST. The webcast can be participated by calling in and following live at this website: https://citycon.videosync.fi/q2-2024 

Resolutions of Citycon Oyj’s Extraordinary General Meeting

CITYCON OYJ   Stock Exchange Release   18 June 2024 at 11:50 hrsCitycon Oyj’s Extraordinary General Meeting took place today, 18 June 2024.  The Extraordinary General Meeting was held without a meeting venue using remote connection in real time, in accordance with Section 11 of the Articles of Association of the Company and Chapter 5, Section 16 Subsection 3 of the Finnish Limited Liability Companies Act.Based on the Board of Directors’ proposal, the General Meeting resolved that the net amount of the annual fees of the members of the Board of Directors and the Chairmen of the Board of

Citycon announces the final results of its offer to exchange existing EUR 350 million green capital securities against a consideration of new capital securities and a cash amount

CITYCON OYJ   Stock exchange release   6 June 2024 at 12:15 hrsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON AS DEFINED IN REGULATION S OF THE SECURITIES ACT 1933, AS AMENDED (THE “SECURITIES ACT”) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (COLLECTIVELY, “THE UNITED STATES”) OR IN ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.On 28 May 2024, Citycon Oyj (“Citycon” or the “Company”) announced the launch of an offer to holders of the outstanding EUR 350 million

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