The arbitral tribunal has confirmed PPG Finland Oy's redemption right regarding Tikkurila Oyj's minority shares and trading in the shares of Tikkurila Oyj has been suspended
The arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce has today confirmed that PPG Finland Oy has the right to redeem the minority shares in Tikkurila Oyj (“Tikkurila” or the “Company”) and that PPG Finland Oy has the right to obtain title to the minority shares by lodging a security approved by the arbitral tribunal for the payment of the redemption price and the possible interest accruing thereon.As previously announced, Tikkurila has on 9 September 2021 submitted an application for the delisting of its shares from the official list of Nasdaq Helsinki