DWS Investment GmbH’s indirect holding in Tikkurila has decreased below 5 percent
Major Shareholder Announcement
March 10, 2021 at 11.45 a.m. (EET)
Tikkurila Oyj (business ID 0197067-4) has on March 9, 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from DWS Investment GmbH.
The indirect holding of the funds and accounts managed by DWS Investment GmbH in the shares of Tikkurila Oyj has decreased below 5 percent as a consequence of the trades executed on March 8, 2021.
DWS Investment GmbH’s position according to their notification:
Total positions of person(s) subject to the notification obligation:
|% of shares and voting rights (A)||% of shares and voting rights through financial instruments (B)||Total of both in %
(A + B)
|Total number of shares and voting rights of issuer|
|Resulting situation on the date on which threshold was crossed or reached||Below 5%||Below 5%||Below 5%||44,108,252|
|Position of previous notification||5.18%||0%||5.18%|
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights
Class/type of shares ISIN code
|Number of shares and voting rights||% of shares and voting rights|
|Direct (SMA 9:5)||Indirect (SMA 9:6 and 9:7)||Direct (SMA 9:5)||Indirect (SMA 9:6 and 9:7)|
|FI4000008719||Below 5%||Below 5%|
|Subtotal A||Below 5%||Below 5%|
For additional information, please contact:
Sanna Lehti, General Counsel
+358 40 5111 757
Tikkurila is a leading Nordic paint company with expertise that spans decades. We develop premium products and services that provide our customers with quality that will stand the test of time and weather. We operate in seven countries and our 2,400 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2020, our revenue totaled EUR 582 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862.