HELSINKI, Sept. 18 2018 /PRNewswire/ --The Board of Directors of Citycon Oyj has today decided, on the basis of the authorisation by the Annual General Meeting 2018, that an equity repayment of EUR 0.0325 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 20 September 2018. The equity repayment will be paid on 28 September 2018.
Following the asset distribution on 28 September 2018, Citycon Oyj has distributed a total dividend and equity repayment of EUR 0.0975 per share during the year 2018 and the remaining authorisation of Citycon's Board of Directors is EUR 0.0325 per share.
For further information, please contact:
Chief Executive Officer
Tel. +358 40 154 6760
Executive VP and CFO
Tel. +358 50 557 9137
Citycon is a leading owner, manager and developer of urban, grocery-anchored shopping centres in the Nordic region, managing assets that total approximately EUR 4.5 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 (Baa2) and Standard & Poor's (BBB). Citycon Oyj's share is listed in Nasdaq Helsinki.
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SOURCE Citycon Oyj