Pressreleases, rapporter och nyheter för Citycon Oyj
Jussi Vyyryläinen, Senior Vice President of Leasing at Citycon Oyj, has accepted a stock option as per a notification made on 20 May 2024. The stock option, named 'Stock Option 2024', is a financial instrument linked to a share or a debt instrument. The transaction involved 100,000 units at a unit price of 0.0 EUR.
Citycon Oyj's Board of Directors has launched a new stock option plan and restricted share unit plan for its CEO. The plan aims to align the CEO's goals with those of the shareholders and provide a competitive reward plan. The maximum total number of stock options to be issued is 1,591,848, which could account for a maximum of 0.85% of all the company's shares. The share subscription price for these options is 4.05 euros per share. The Board also decided to increase the maximum number of stock options distributed from the plan by 150,000, bringing the total to 500,000. The restricted share unit plan allows the Board to allocate rewards during 2024, with a maximum total value corresponding to 75,000 shares of Citycon Oyj.
On 4 April 2024, Citycon Oyj transferred a total of 21,500 of its own shares to eight key individuals as payment for rewards earned under two incentive programmes - the Restricted Share Plan 2020-2022 and the Performance Share Plan 2020-2022. The company no longer holds any of its own shares following this transaction. The shares were conveyed based on authorisation given at the General Meeting of Shareholders on 19 March 2024. Citycon is a leading owner, manager, and developer of mixed-use real estate in the Nordic region with assets totalling approximately EUR 4.0 billion. Its shares are listed on Nasdaq Helsinki Ltd.
Helen Metsvaht, the Chief Operating Officer of Citycon Oyj, has received a share-based incentive as part of her compensation. The transaction, which took place on 4th April 2024, involved 1,000 shares of the company. The shares, identified by the ISIN code FI4000369947, were given at a unit price of 0.00 EUR. This is an initial notification and the reference number for the transaction is 57431/5/4.