NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA
Final result of Citycon's rights issue
The Board of Directors of Citycon Oyj has today approved all subscriptions, which
were made in accordance with the terms and conditions of the rights offering
between 3 April 2006 and 21 April 2006. According to the final result of the
offering, 27,274,949 shares were subscribed for by exercising the subscription
rights, representing 99.4 per cent of the shares offered. The gross proceeds
raised by Citycon in the rights issue were approximately EUR 75 million.
Trading of the interim shares, representing the shares subscribed for in the
rights issue, commenced on 24 April 2006 on the Main List of the Helsinki Stock
Exchange. The share capital increase corresponding to the shares subscribed for
in the rights offering will be registered with the Finnish Trade Register on or
about 28 April 2006. The interim shares will be combined with Citycon's existing
class of shares and will be subject to public trading together with the other
Citycon shares starting on or about 2 May 2006.
Following the registration of the share capital increase as a result of the
rights issue, Citycon's registered share capital will be EUR 222,707,673.45
consisting of 164,968,647 shares. All shares subscribed for in the rights issue
have been fully paid for. The subscribed shares will entitle their holders to
full dividend (if any) and to all other rights attached to the shares in the
company after the share capital increase has been registered with the Trade
Register.
Helsinki, 26 April 2006
CITYCON OYJ
Board of Directors
For further information, please contact:
Petri Olkinuora, CEO, tel. +358 9 6803 6738 or
mobile +358 400 333 256
Eero Sihvonen, CFO, tel. +358 9 6803 6730 or
mobile +358 50 557 9137
Distribution:
Helsinki Stock Exchange
Major media
www.citycon.fi
This release is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States absent registration
under the U.S. Securities Act of 1933, as amended, or an exemption from
registration. Any public offering of securities to be made in the United States
will be made by means of a prospectus that may be obtained from the issuer and
that will contain detailed information about the company and management, as well
as financial statements. The issuer does not intend to conduct a public offering
in the United States or register any part of the offering in the United States.