Citycon Oyj Stock Exchange Release 17 March 2021 at 20:45 hrs
Citycon Oyj has received on 17 March 2021 the following notification pursuant to
Chapter 9, Section 5 of the Finnish Securities Market Act from CPP Investment
Board European Holdings S.à r.l.:n (”CPPIBE”) according to which their total
holding of shares of Citycon Oyj has decreased below ten (10) percent on 17
March 2021.
As a result of the disposal, the Governance Agreement entered into between
CPPIBE and Gazit-Globe Ltd. on 12 May 2014, as disclosed by Citycon Oyj through
stock exchange releases on 13 May 2014 and 17 March 2020, will terminate in
accordance with its terms and conditions, if CPPIBE ceases to hold at least ten
(10) per cent of Citycon shares, directly or indirectly, for more than thirty
(30) consecutive days.
Citycon Oyj has one series of shares in which each share carries one vote. The
total number of shares and votes is 177,998,525.
The holding of CPP Investment Board European Holdings S.à r.l.:n (”CPPIBE”)
according to the notification:
% of shares % of shares and voting rights Total of
and voting through financial instruments both in %
rights
Resulting 7.5% 7.5%
situation on the
date on
which threshold
was crossed or
reached
Position of 16.7% 16.7%
previous
notification
(if applicable)
Notified details of the resulting situation following the crossing of the
threshold:
Class/type Number of % of shares and
of shares and voting rights
shares voting
ISIN code rights
(if
possible)
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA (SMA 9:6
and 9:7) 9:5) and 9:7)
FI4000369947 13,349,889 7.5%
SUBTOTAL A 13,349,889 7.5%
The
controlled
undertakings
through
which the
shares,
voting
rights and
financial
instruments
are
effectively
held:
Name % of % of shares Total of
shares and voting both
and rights
voting through
rights financial
instruments
Canada
Pension
Plan
Investment
Board
CPPIB,
Luxembourg
Branch
CPP 7.5% 7.5%
Investment
Board
Europe S.à
r.l.
CITYCON OYJ
For further information, please contact:
Laura Jauhiainen
Vice President, Strategy and Investor Relations
Tel. +358 40 823 9497
laura.jauhiainen@citycon.com
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