PPG Finland Oy has gained title to the minority shares in Tikkurila Oyj and the shares of Tikkurila Oyj will be delisted from Nasdaq Helsinki
PPG Finland Oy has today posted a security approved by the arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Tikkurila Oyj (“Tikkurila”). Thus, PPG Finland Oy has acquired ownership of all of the shares in Tikkurila in accordance with Chapter 18, Section 6 of the Finnish Companies Act.The minority shareholders of Tikkurila involved in the redemption proceedings, following the lodging of the security and the transfer of ownership, are entitled to receive only the redemption