Citycon Oyj: Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Due to the dilutive effect of the directed share issue announced by Citycon Oyj on 20 December 2023 and completed on 22 December 2023, the direct shareholding of G City Ltd. in Citycon Oyj has decreased to approximately 29.81% following the registration of the new shares on 22 December 2023. Due to the dilutive effect of the directed share issue announced by Citycon Oyj on20 December 2023and completed on22 December 2023, the direct shareholding of G City Ltd. in Citycon Oyj has decreased...

Due to the dilutive effect of the directed share issue announced by Citycon Oyj on 20 December 2023 and completed on 22 December 2023, the direct shareholding of G City Ltd. in Citycon Oyj has decreased to approximately 29.81% following the registration of the new shares on 22 December 2023.

G City Ltd., the parent of Gazit Europe Netherlands B.V., is controlled by Norstar Holdings Inc, which is ultimately controlled by Chaim Katzman. In addition to 51,274,016 shares held by G City Ltd. and 36,285,000 shares held by Gazit Europe Netherlands B.V., 35,771 shares held by Chaim Katzman have been taken into account in this notification.

Citycon has one series of shares in which each share carries one vote. The total number of shares and votes is 171 994 204.

The holding of shares of G City Ltd. according to the notification:

-

 

 

-

21.10

 

 

0.02 

 

-

 

-

 

21.60

 

0.02  

 

Notified details of the resulting situation following the crossing of the threshold:

 

 

 

The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:

 

CITYCON OYJ

Further information:
Sakari Järvelä
Vice President, Corporate Finance and Investor Relations
Tel. +358 50 387 8180
[email protected]

Citycon is a leading owner, manager and developer of mixed-use real estate featuring modern, necessity-based retail with residential, office and municipal service spaces that enhance the communities in which they operate. Citycon is committed to sustainable property management in the Nordic region with assets that total approximately EUR 4.2 billion. Our centres are located in urban hubs in the heart of vibrant communities with direct connections to public transport and anchored by grocery, healthcare and other services that cater to the everyday needs of customers.

Citycon has investment-grade credit rating from Standard & Poor's (BBB-). Citycon's shares are listed on Nasdaq Helsinki Ltd.

www.citycon.com

 

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