HELSINKI, June 18, 2019 /PRNewswire/ -- The Board of Directors of Citycon Oyj has today decided, on the basis of the authorisation by the Annual General Meeting 2019, that an equity repayment of EUR 0.1625 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 21 June 2019. The equity repayment will be paid on 28 June 2019.
Following the asset distribution on 28 June 2019, Citycon Oyj has distributed a total dividend and equity repayment of EUR 0.325 per share during the year 2019 and the remaining authorisation of Citycon's Board of Directors is EUR 0.325 per share.
Helsinki, 18 June 2019
CITYCON OYJFor further information, please contact:
Executive Vice President and CFO
IR and Communications Director
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 (Baa3) and Standard & Poor's (BBB-). Citycon Oyj's share is listed in Nasdaq Helsinki.
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SOURCE Citycon Oyj