Citycon Oyj
Citycon’s rights issue successfully completed

Citycon Oyj 

02.10.2012 08:30
---------------------------------------------------------------------------

CITYCON OYJ                  Stock Exchange Release	    2 October 2012 at 9.30
a.m. 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA OR JAPAN OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. 



Citycon Oyj's ('Citycon') rights issue of approximately EUR 90.7 million was
successfully completed yesterday. According to the preliminary result, a total
of approximately 70,594,000 shares were subscribed for in the rights issue,
representing approximately 144.0 per cent of the 49,032,002 shares offered. 

According to the preliminary result, approximately 99.4 per cent of the offered
shares were subscribed for in the primary subscription and the remaining shares
in the secondary subscription. The subscriptions made by shareholders or other
investors by virtue of the secondary subscription will be approved in
accordance with the terms and conditions of the rights issue in proportion to
their subscription rights exercised in accordance with the primary subscription
right, but not more than up to the maximum amount of the subscription made per
book-entry account, and if this is not possible, by drawing lots. The
shareholders and other investors that have used their right in the secondary
subscription will be sent a confirmation letter on or about 5 October 2012,
stating the number of shares to be distributed to such shareholder on the basis
of the secondary subscription. 

'We are very pleased with the continued investor interest towards the company.
The outcome of the rights issue was very good and I would like to thank
Citycon's shareholders for the confidence and trust that you have shown in the
company. As we have earlier announced, the proceeds of the rights issue are
intended to be used in accordance with our strategic targets. These include
financing of the future redevelopment projects, possible acquisitions, to
strengthen the balance sheet, pay down debt and for other general corporate
purposes. The result of the rights issue marks an important milestone in our
quest to build a stronger Citycon', comments Marcel Kokkeel, Chief Executive
Officer of Citycon. 

Trading in the interim shares, representing the shares subscribed for in the
primary subscription, will commence on NASDAQ OMX Helsinki Ltd. today, 2
October 2012. All shares subscribed for in the rights issue will be registered
in the Finnish Trade Register on or about 8 October 2012 following which the
interim shares will be combined with Citycon's existing class of shares on or
about 9 October 2012. The new shares will be subject to public trading on the
official list of NASDAQ OMX Helsinki Ltd. together with the other Citycon
shares starting on or about 9 October 2012. 

Citycon will announce the final result of the rights issue on 5 October 2012,
following the approval of the primary and secondary subscriptions by the Board
of Directors. 

Helsinki, 2 October 2012

CITYCON OYJ
Board of Directors


For further information, please contact:

Marcel Kokkeel, CEO
Tel. +358 20 766 4521 or +358 40 154 6760
marcel.kokkeel@citycon.fi

Eero Sihvonen, Executive Vice President and CFO
Tel. +358 20 766 4459 or +358 50 557 9137
eero.sihvonen@citycon.fi

Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com



DISCLAIMER

The information contained herein is not for publication or distribution,
directly or indirectly, in or into the United States, Canada, Australia, Hong
Kong, South Africa or Japan. These written materials do not constitute an offer
of securities for sale in the United States, nor may the securities be offered
or sold in the United States absent registration or an exemption from
registration as provided in the U.S. Securities Act of 1933, as amended, and
the rules and regulations thereunder. The Company does not intend to register
any portion of the offering in the United States or to conduct a public
offering of securities in the United States. 

The issue, exercise and/or sale of securities in the offering are subject to
specific legal or regulatory restrictions in certain jurisdictions. The Company
and Pohjola Corporate Finance Oy assume no responsibility in the event there is
a violation by any person of such restrictions. 

The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any such jurisdiction. Investors
must neither accept any offer for, nor acquire, any securities to which this
document refers, unless they do so on the basis of the information contained in
the applicable prospectus published or offering circular distributed by the
Company. 

The Company has not authorized any offer to the public of securities in any
Member State of the European Economic Area other than Finland. With respect to
each Member State of the European Economic Area other than Finland and which
has implemented the Prospectus Directive (each, a 'Relevant Member State'), no
action has been undertaken or will be undertaken to make an offer to the public
of securities requiring publication of a prospectus in any Relevant Member
State. As a result, the securities may only be offered in Relevant Member
States (a) to any legal entity which is a qualified investor as defined in the
Prospectus Directive; or (b) in any other circumstances falling within Article
3(2) of the Prospectus Directive. For the purposes of this paragraph, the
expression an 'offer of securities to the public' means the communication in
any form and by any means of sufficient information on the terms of the offer
and the securities to be offered so as to enable an investor to decide to
exercise, purchase or subscribe the securities, as the same may be varied in
that Member State by any measure implementing the Prospectus Directive in that
Member State and the expression 'Prospectus Directive' means Directive
2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive,
to the extent implemented in the Relevant Member State), and includes any
relevant implementing measure in the Relevant Member State and the expression
'2010 PD Amending Directive' means Directive 2010/73/EU. 

This communication is directed only at (i) persons who are outside the United
Kingdom or (ii) persons who have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the 'Order') and (iii) high net
worth entities, and other persons to whom it may lawfully be communicated,
falling within Article 49(2) of the Order (all such persons together being
referred to as 'relevant persons'). Any investment activity to which this
communication relates will only be available to and will only be engaged with,
relevant persons. Any person who is not a relevant person should not act or
rely on this document or any of its contents.
News Source: NASDAQ OMX



02.10.2012 Dissemination of a Corporate News, transmitted by DGAP - 
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Citycon Oyj
              
               
              Finland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FI0009002471
WKN:          
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------