Citycon to prolong its long-term share-based incentive plan for key personnel
The Board of Directors of Citycon Oyj has decided to prolong the company's
existing long-term share-based incentive plan for the Group's key personnel with
one year to cover the financial year 2010. The aim of the plan is to encourage
the key personnel to sustained efforts to increase shareholder value and to
strengthen their commitment to the development of the Group's operations.
The incentive for the financial year 2010 totals a maximum of 124,000 shares.
For 86,800 shares, the incentive is determined on the basis of Citycon's
consolidated adjusted net cash-flow from operations per share and net rental
income in accordance with the incentive goals specifically set by the Board of
Directors, and for 37,200 shares, on the basis of grounds specifically set later
by the Board of Directors. The incentive will be granted to the key personnel
during the years 2011-2013.
Amsterdam, 9 February 2010
CITYCON OYJ
The Board of Directors
For further information, please contact:
Petri Olkinuora, CEO
Tel. +358 20 766 4401 or mobile +358 400 333 256
petri.olkinuora@citycon.fi
Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com
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