Citycon Oyj: Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act
CITYCON OYJ Stock Exchange Release 3 November 2025 at 19:25 hrs
Citycon Oyj ("Citycon" or the "Company") has received on 3 November 2025 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act according to which G City Ltd.'s holding of shares in Citycon has increased over fifty (50) percent on 3 November 2025.
Citycon has one series of shares in which each share carries one vote. The total number of shares and votes is 183,569,011.
The holding of shares of G City Ltd. according to the notification:
|
|
|
|
|
|
| % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both in % |
| Resulting situation on the date on which threshold was crossed or reached | G City Ltd. 37.67 Gazit Europe Nether-lands B.V. (fully owned subsidiary of G City Ltd.) 19.77 Additional shares held by Chaim Katzman 0.07 |
| 37.67
19.77
0.07 |
| Position of previous notification (if applicable) | G City Ltd. 29.89 Gazit Europe Nether-lands B.V. (fully owned subsidiary of G City Ltd.) 19.73 Additional shares held by Chaim Katzman: 0.02 |
| 29.89
19.73
0.02 |
Notified details of the resulting situation following the crossing of the threshold:
| A: Shares and voting rights | ||||
| Class/type of ISIN code (if possible) | Number of shares and voting rights | % of shares and voting rights | ||
| Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | Direct (SMA 9:5) | Indirect (SMA 9:6 and 9:7) | |
| FI4000369947 | 69,156,068 | - | 37.67 | - |
| FI4000369947 | 36,285,000 |
| 19.77 |
|
| FI4000369947 | 126,934 |
| 0.07 |
|
| SUBTOTAL A | 105,568,002 |
| 57.51 |
|
| B: Financial Instruments according to SMA 9:6a | |||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Physical or cash settlement | Number of shares and voting rights | % of shares and voting rights |
| SUBTOTAL B | |||||
The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:
| Name | % of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| Chaim Katzman | 0.07 | - | 0.07 |
| G City Ltd. | 37.67 | - | 37.67 |
| Gazit Europe Netherlands B.V. | 19.77 | - | 19.77 |
| TOTAL | 57.51 | 57.51 |
CITYCON OYJ
For further information, please contact:
Hilik Attias
CFO
Contact requests through:
Anni Torkko
Investor Relations Manager
Tel. +358 45 358 0570
anni.torkko@citycon.com
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 3.8 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's shares are listed on Nasdaq Helsinki Ltd.