The Board of Directors of
Stock Option Plan 2024A-C
The maximum total number of stock options to be issued is 1,591,848 and they entitle their owners to subscribe for up to an equivalent number of new shares in total in the company or existing shares held by the company. The stock options are issued gratuitously. Of the stock options, 530,616 are marked with the symbol 2024A, 530,616 are marked with the symbol 2024B and 530,616 are marked with the symbol 2024C.
The shares subscribed for with the stock options to be issued will account for a total maximum of 0,85 per cent of all the company's shares and votes after possible share subscriptions if new shares are issued in the subscription. As a result of the share subscriptions made with the stock options, the number of shares in the company may increase by a total maximum of 1,591,848 shares if new shares are issued in the subscription.
The share subscription price for stock options 2024A-C is
The share subscription price will be credited to the company's reserve for invested unrestricted equity.
The share subscription period for stock options is,
- for stock options 2024A,
1 April 2024 -1 April 2027 -
for stock options 2024B,
1 April 2025 -1 April 2027 -
for stock options 2024C,
1 April 2026 -1 April 2027
The theoretical market value of one stock option 2024A-C is approximately
The Board of Directors decided on the new stock option plan based on the authorisation given by the Annual General Meeting of Shareholders on
Restricted Share Unit Plan 2024-2027
The Board of Directors may allocate rewards from the plan during the financial year 2024. The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 75,000 shares of
The rewards will be paid in three instalments in
The reward will be paid partly in
Amendment to Stock Options 2024
The Board resolved on stock options 2024 on
For further information, please contact:
Sakari Järvelä
Chief Financial Officer
Telephone +358 50 387 8180
sakari.jarvela@citycon.com
www.citycon.com
ATTACHMENTS
Terms and conditions of the Citycon Oyj Stock Options 2024A-C
Terms and conditions of the Citycon Oyj Stock Options 2024
https://news.cision.com/citycon-oyj/r/the-board-of-directors-of-citycon-oyj-decided-on-two-new-incentive-plans-and-amendment-to-the-stock-,c3960408
https://mb.cision.com/Public/13399/3960408/9702e657de3e1a20.pdf
https://mb.cision.com/Public/13399/3960408/8cbd82c3e1e7559c.pdf
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