Marathon Asset Management LLP's indirect holdings in Tikkurila exceeded 5.0 percent

Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10

Tikkurila Oyj
Major Shareholders Announcement
October 3, 2019 at 4:30 p.m. (CET+1)

Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10: Marathon Asset Management LLP's indirect holdings in Tikkurila exceeded 5.0 percent

Tikkurila Oyj (business ID 0197067-4) has received a notification from Marathon Asset Management LLP on October 3, 2019 , that the holding of the funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP in shares of Tikkurila Oyj exceeded the level of the 1/20 (5%) threshold due to a change in the breakdown of voting rights held by Marathon on October 1, 2019.

The holding of the above-mentioned entities in Tikkurila Oyj has amounted to a total of 2,443,874 shares, which corresponds to 5.54 percent of the total amount of shares and voting rights.

Marathon Asset Management LLP also manages 603,130 shares in Tikkurila Oyj for which clients have retained the right to vote, which are included in the total specified below in the breakdown of holdings.

Custodian
Bank of New York Mellon 844,974
JP Morgan 101,751
Northern Trust 858,321
State Street Bank & Trust Company, Boston 1,241,958
Total 3,047,004

The percentages of shares and voting rights have been calculated in proportion to the total number of shares registered with the Trade Register and the total number of voting rights related to them. The share capital of Tikkurila Oyj is EUR 35,000,000.00 and it is divided into 44,108,252 shares. The company has one series of shares, and each share entitles to one voting right.

Tikkurila Oyj

For further information, please contact:
Tapio Pesola
Director, Communications & IR
Tel. +358 44 373 4693, ir@tikkurila.com

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 around ten countries and our 2,700 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2018, our revenue totaled EUR 562 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862. 

www.tikkurilagroup.com