Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Citycon Oyj (HEL:CTY1S) CITYCON OYJ Stock Exchange Announcement 29 August 2008 at 10.00 hrs
Public trading in Citycon Oyj's 2004 C stock options under the company's stock option plan 2004 will commence on the OMX Nordic Exchange Helsinki on 1 September 2008.
The number of 2004 C options (trading code CTY1SEW304 and ISIN-code FI0009627905) totals 1,300,000, of which 1,050,000 stock options have been granted to the personnel. The remaining 250,000 stock options are held by Veniamo-Invest Oy, a subsidiary of Citycon Oyj. The share subscription period for C options will commence on 1 September 2008 and expire on 31 March 2011. Each stock option entitles its holder to subscribe for 1.2127 Citycon share. The maximum number of shares that may be subscribed for by exercising the C option rights held by the personnel totals 1,273,335. The share capital of the company will not increase as a result of the subscriptions since the subscription price will be recognised under the invested unrestricted equity fund. The present share subscription price of the C-options is EUR 4.3613 per share. Half of the annually distributed per-share dividends and/or equity returns shall be deducted from the share subscription price.
Shares subscribed exercising stock option rights 2004 entitle to dividend for the financial year they are subscribed in. Other shareholder entitlements become effective on the registration date of the shares.
On 19 July 2006, the Finnish Financial Supervision Authority granted the company an exemption from the duty to publish a listing prospectus when applying the admission of the 2004 stock options and the shares subscribed exercising said options for public trading on the OMX Nordic Exchange Helsinki.
The terms and conditions of the stock option plan 2004 as well as instructions for share subscriptions exercising 2004 option rights are available on the company's website www.citycon.com/options.
Helsinki, 29 August 2008
CITYCON OYJ Petri Olkinuora CEO
For further information, please contact: Petri Olkinuora, CEO, tel. +358 9 6803 6738 or mobile +358 400 333 256
Distribution: OMX Nordic Exchange Helsinki Media www.citycon.com
