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Financial News Releases - WPG

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05/18/17Washington Prime Group Announces Results of 2017 Annual Meeting of Shareholders; Board of Directors Declares Quarterly Dividend
COLUMBUS, Ohio--(BUSINESS WIRE)--May 18, 2017-- Common shareholders of Washington Prime Group Inc. (NYSE: WPG) today elected all nominated directors at the Company's Annual Meeting of Shareholders. All directors will serve one-year terms, effective immediately. J. Taggart (“Tag”) Birge, who has extensive experience in real estate, sales and real estate development, joins the Board of Directors (the “Board”) and fills a vacancy left by Mark... 
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05/15/17Washington Prime Group Completes Formation of Second Joint Venture with O’Connor Capital Partners
COLUMBUS, Ohio--(BUSINESS WIRE)--May 15, 2017-- Washington Prime Group Inc. (NYSE: WPG) today reported the successful completion of the formation of its second joint venture with O’Connor Mall Partners, L.P., an affiliate of O’Connor Capital Partners (“O’Connor”). As a result of the transaction, O’Connor has a 49% interest in the joint venture and Washington Prime Group retains a 51% interest. The six properties in the joint venture are: A... 
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05/02/17Washington Prime Group Announces Latest Redevelopment Project with Expansion at Classen Curve
COLUMBUS, Ohio--(BUSINESS WIRE)--May 2, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced its most recent redevelopment effort, a multitenant expansion at Classen Curve located in Oklahoma City, OK. The $11.5M expansion, which will add approximately 30,000 SF to an already vibrant lifestyle center, is expected to open in two phases starting the fourth quarter of 2017. Lou Conforti, CEO and Director: “As previously discussed, our obje... 
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04/26/17Washington Prime Group Reports First Quarter 2017 Results
• Company increases full year 2017 guidance COLUMBUS, Ohio--(BUSINESS WIRE)--Apr. 26, 2017-- Washington Prime Group Inc. (NYSE: WPG) today reported results for the first quarter ended March 31, 2017 that reflect continued progress on the execution of the Company's financial, operating and strategic objectives. Lou Conforti, CEO and Director stated: "We increased guidance for fiscal 2017 net income and FFO to the midpoint of $1.17 per diluted share and $1.67 per diluted share, respective... 
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04/04/17Revised Timing: Washington Prime Group Announces Timing of First Quarter 2017 Conference Call
COLUMBUS, Ohio--(BUSINESS WIRE)--Apr. 4, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company will hold a conference call on Thursday, April 27, 2017 at 1:00 p.m. ET to discuss the Company’s first quarter 2017 financial and operating results. The dial-in number for the conference call is 844.646.4463 (or +1.615.247.0256 for international callers), and the participant passcode is 91923638. The live audio webcast o... 
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03/22/17Washington Prime Group Announces Timing of First Quarter 2017 Conference Call
COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 22, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company will hold a conference call on Thursday, April 27, 2017 at 11:00 a.m. ET to discuss the Company’s first quarter 2017 financial and operating results. The dial-in number for the conference call is 844.646.4463 (or +1.615.247.0256 for international callers), and the participant passcode is 91923638. The live audio webcast... 
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03/02/17Washington Prime Group’s Joint Venture with O’Connor Acquires 180,000 SF Section at Pearlridge Center
COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 2, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced that the Company, together with O’Connor Mall Partners, L.P. (“O’Connor”), has acquired an additional section at Pearlridge Center located in Aiea, Hawaii, for a gross purchase price of $70.0 million. Pearlridge Center is currently comprised of two distinct enclosed venues commonly referred to as Uptown and Downtown. The newly acquired 180,000-square-f... 
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03/01/17Washington Prime Group to Present at Citi 2017 Global Property CEO Conference
COLUMBUS, Ohio--(BUSINESS WIRE)--Mar. 1, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced that Lou Conforti, CEO and Director, and Mark Yale, CFO, will participate in a roundtable presentation at the Citi 2017 Global Property CEO Conference in Hollywood, Florida. The Company’s roundtable presentation is scheduled for Monday, March 6, 2017 at 5:00 p.m. ET. A live audio webcast of the presentation will be available on the Compa... 
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02/22/17Washington Prime Group Reports Fourth Quarter and Fiscal Year 2016 Results
- Company Has Completed Sale of All Noncore Properties - Board of Directors Declares Quarterly Dividend COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 22, 2017-- Washington Prime Group Inc. (NYSE: WPG) today reported financial and operating results for the fourth quarter and fiscal year ended December 31, 2016. Lou Conforti, CEO and Director stated. “Since assuming the role of CEO, my primary objective has been to foundationally strengt... 
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02/21/17Washington Prime Group Announces Latest Redevelopment Project with Final Phase of Expansion at Scottsdale Quarter®
COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 21, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced its most recent redevelopment effort, the next part of a significant expansion at Scottsdale Quarter located in Scottsdale, AZ. The first part of the expansion has been completed, comprising of the buildings on the north and south parcels with tenancy including American Girl and Design Within Reach, as well as luxury apartment homes and office space. ... 
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02/16/17Washington Prime Group Signs Round 1 as Lead Tenant to Replace Former Department Store Space at Northwoods Mall
COLUMBUS, Ohio--(BUSINESS WIRE)--Feb. 16, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced its most recent redevelopment effort, a $16M project anchored by the addition of Round 1, a fast-growing family entertainment concept, at Northwoods Mall located in Peoria, IL. In addition to Round 1, the Company is in discussions with additional entertainment, dining and retail tenants for spaces that will be created adjacent to Round 1. ... 
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01/25/17Washington Prime Group Launches Renovation Project at Pearlridge Center
Specialty grocery, dining, healthcare, financial services and retail tenancy anchor the expansion COLUMBUS, Ohio--(BUSINESS WIRE)--Jan. 25, 2017-- Washington Prime Group Inc. (NYSE: WPG) today announced its most recent redevelopment project, a renovation at Pearlridge Center located in Aiea, Hawaii. Pearlridge Center is comprised of two distinct enclosed venues commonly referred to as Uptown and Downtown. The $33M project includes a si... 
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01/23/17Washington Prime Group Announces Tax Reporting Information for 2016 Distributions
COLUMBUS, Ohio--(BUSINESS WIRE)--Jan. 23, 2017-- Washington Prime Group Inc. (NYSE:WPG) today announced the tax reporting information (Federal Form 1099) for 2016 distributions as shown below. The distributions relate to its common shares, as well as Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative Redeemable Preferred Shares of Beneficial Interest. Amounts reported to Dividend Reinvestment and Stock ... 
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