Business
G City Ltd. has received the necessary regulatory approval for its mandatory public cash tender offer for all the issued and outstanding shares and stock options in Citycon Oyj
G City Ltd. has received the necessary regulatory approval for its mandatory public cash tender offer for all the issued and outstanding shares and stock options in Citycon Oyj
About this update from G City Ltd.
Nasdaq Helsinki LtdAnnouncement from the exchangeG City Ltd. has received the necessary regulatory approval for its mandatorypublic cash tender offer for all the issued and outstanding shares and stockoptions in Citycon OyjG City Ltd. has received the necessary regulatory approval for its mandatorypublic cash tender offer for all the issued and outstanding shares and stockoptions in Citycon OyjG City Ltd. 21 January 2026 at 11:40 a.m. EETNOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, ORSOUTH AFRICA, OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BEPROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTIONENTITLED“IMPORTANT INFORMATION” BELOW.G City Ltd. has received the necessary regulatory approval for its mandatorypublic cash tender offer for all the issued and outstanding shares and stockoptions in Citycon OyjAs announced previously, G City Ltd. (the “Offeror”) commenced the mandatorypublic tender offer on 2 January 2026 for all the issued and outstanding sharesin Citycon Oyj (“Citycon” or the “Company”) that are not held by Citycon or anyof its subsidiaries (the “Shares”) and for all the issued and outstanding stockoptions in Citycon that are not held by Citycon or any of its subsidiaries (the“Stock Options”) (the “Tender Offer”). The offer period for the Tender Offercommenced on 2 January 2026 at 9:30 a.m. (Finnish time) and will expire on 6March 2026 at 4:00 p.m. (Finnish time) (the “Offer Period”), unlessdiscontinued as described in the terms and conditions of the Tender Offer. TheOfferor published a tender offer document relating to the Tender Offer (the“Tender Offer Document”) on 31 December 2025.The Offeror has on 19 January 2026 received Swedish foreign direct investmentclearance. As previously announced, the Offeror has identified Swedish foreigndirect investment clearance as the only necessary regulatory approval for thecompletion of the Tender Offer. Consequently, all conditions for completing theTender Offer have been satisfied, and the Offeror declares the Tender Offerunconditional, effective from 2 February 2026 as described in more detailbelow.In accordancewith the terms and conditions of the Tender Offer, acceptance ofthe Tender Offer may be withdrawn at any time before the expiry of the OfferPeriod (incl...