Citycon to prolong its long-term share-based incentive plan for key personnel
(Thomson Reuters ONE) - CITYCON OYJ Stock Exchange Release 10 February 2010 at 11.35 hrsCitycon to prolong its long-term share-based incentive plan for key personnelThe Board of Directors of Citycon Oyj has decided to prolong the company'sexisting long-term share-based incentive plan for the Group's key personnel withone year to cover the financial year 2010. The aim of the plan is to encouragethe key personnel to sustained efforts to increase shareholder value and tostrengthen 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'sconsolidated adjusted net cash-flow from operations per share and net rentalincome in accordance with the incentive goals specifically set by the Board ofDirectors, and for 37,200 shares, on the basis of grounds specifically set laterby the Board of Directors. The incentive will be granted to the key personnelduring the years 2011-2013.Amsterdam, 9 February 2010CITYCON OYJThe Board of DirectorsFor further information, please contact:Petri Olkinuora, CEOTel. +358 20 766 4401 or mobile +358 400 333 256petri.olkinuora(at)citycon.fiDistribution:NASDAQ OMX HelsinkiMajor mediawww.citycon.com[HUG#1382791]
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Datum: 10.02.2010 - 04:36 Uhr
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