Citycon decided on a quarterly distribution

HELSINKI, March 22, 2021 /PRNewswire/ --

CITYCON OYJ   Inside information   22 March 2021 at 18:45 hrs

The Board of Directors of Citycon Oyj has today decided, on the basis of the authorisation by the Annual General Meeting 2021, that a dividend of EUR 0.05 per share be distributed from retained earnings and an equity repayment of EUR 0.075 per share be distributed from the invested unrestricted equity fund of the company. The dividend and 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 dividend and equity repayment 24 March 2021. The dividend and equity repayment will be paid on 31 March 2021.

Following the asset distribution on 31 March 2021, the remaining asset distribution authorisation of Citycon's Board of Directors is EUR 0.375 per share. The authorisation is valid until the opening of the Annual General Meeting 2022.

Espoo, 22 March 2021

For further information, please contact:

Laura Jauhiainen
Vice President, Strategy and Investor Relations
Tel. +358 40 823 9497
laura.jauhiainen@citycon.com

Eero Sihvonen
Executive Vice President and CFO
Tel. +358 50 557 9137
eero.sihvonen@citycon.com

About Citycon

Citycon is a leading owner, manager and developer of mixed-use centres for urban living including retail, office space and housing. We are committed to sustainable property management in the Nordic region with assets that total approximately EUR 4.4 billion. Our centres are located in urban hubs with a direct connection to public transport. Placed in the heart of communities, our centres are anchored by groceries, healthcare and services to cater for the everyday needs of customers.

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      

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