Citycon Oyj applies for listing of the C stock options under the company's stock option plan 2004 on the OMX Nordic Exchange Helsinki starting 1 September 2008.
The number of 2004 C options totals 1,300,000, of which 1,050,000 stock options have been granted to the personnel. The remaining 250,000 stock options are held by Veniamo-Invest Oy, a subsidiary of Citycon Oyj. Each stock option entitles its holder to subscribe for 1.2127 Citycon share. The maximum number of shares that may be subscribed for by exercising the C option rights held by the personnel totals 1,273,335. The present share subscription price of the C-options is €4.3613 per share. Half of the annually distributed per-share dividends and/or equity returns shall be deducted from the share subscription price.
The share subscription period for C options will commence on 1 September 2008 and expire on 31 March 2011. The terms and conditions of the stock option plan 2004 are attached to this release.
Source: Citycon
