FMR LLC’s indirect holding in Tikkurila decreased to 4.94 percent

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Tikkurila Oyj
Major Shareholders Announcement
28 January 2021 at 4:30 (EET)

Tikkurila Oyj (business ID 0197067-4) has on 27 January 2021 and 28 January 2021 received notifications pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from FMR LLC.

The total indirect holding of the funds and accounts managed by FMR LLC in the shares of Tikkurila Oyj is now 4.94 percent, as a consequence of the trades executed on 26 and 27 January 2021.

FMR LLC’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

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 4.94% 0% 4.94% 44,108,252
Position of previous notification 9.83% 0% 9.83%

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 2,180,079 4.94%

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:


% of shares and voting rights
Fidelity Management & Research Company LLC 4.52%
FIAM LLC 0.22%
Fidelity Institutional Asset Management Trust Company 0.20%

Tikkurila Oyj

Sanna Lehti 
General Counsel 

For additional information, please contact:  

Sanna Lehti, General Counsel 
tel. +358 40 5111757

Sustainable Nordicness
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 2,700 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2019, our revenue totaled EUR 564 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862.