Citycon Oyj

09/21/2020 | Press release | Distributed by Public on 09/21/2020 07:15

Citycon decided on a quarterly distribution

Citycon decided on a quarterly distribution
CITYCON OYJ     Inside information     21 September 2020 at 16:15 hrs

The Board of Directors of Citycon Oyj has today decided, on the basis of the
authorisation by the Annual General Meeting 2020, that an equity repayment of
EUR 0.1250 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 2020. The equity
repayment will be paid on 30 September 2020.
Following the asset distribution on 30 September 2020, Citycon Oyj has
distributed a total dividend and equity repayment of EUR 0.4125 per share during
the year 2020. On 28 May 2020 it was announced that in 2020 the Board of
Directors will use a maximum total amount of EUR 0.5375 per share from its total
dividend and equity repayment authorisation of EUR 0.65 per share from the
Annual General Meeting 2020.


Helsinki, 21 September 2020
CITYCON OYJ
For further information, please contact:
Eero Sihvonen, Executive Vice President and CFO
Tel. +358 50 557 9137
[email protected]
Laura Jauhiainen
Head of Investor Relations
Tel. +358 40 823 9497
[email protected]
Citycon is a leading owner, manager and developer of urban, grocery-anchored
shopping centres in the Nordic region, managing assets that total almost EUR 4.4
billion. Citycon is No. 1 shopping centre owner in Finland and among the market
leaders in Norway, Sweden and Estonia. Citycon has also established a foothold
in Denmark.
Citycon has investment-grade credit ratings from Moody's (Baa3), Fitch (BBB-)
and Standard & Poor's (BBB-). Citycon Oyj's share is listed in Nasdaq Helsinki.
www.citycon.com