UBS Group AG’s indirect holding increased to 5.69 percent
Tikkurila Oyj
Major Shareholder Announcement
31 May 2021 at 5.05 p.m. (EEST)
Tikkurila Oyj (business ID 0197067-4) has on 31 May 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from UBS Group AG.
The indirect holding of the funds and accounts managed by UBS Group AG in the shares of Tikkurila Oyj has increased above 5 percent and is now 5.69% as a consequence of the trades executed on May 28, 2021.
UBS Group AG’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 | 5.69% | 0.00% | 5.69% | 44,108,252 |
| Position of previous notification | Below notifiable threshold | Below notifiable threshold | Below notifiable threshold |
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 |
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 | 2,507,979 | 5.69% | ||
| Subtotal A | 2,507,979 | 5.69% |
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:
|
Name |
% of shares and voting rights | % of shares and voting rights through financial instruments | Total of both |
| UBS Group AG | |||
| UBS AG | 5.68% | 5.68% | |
| UBS Americas Holding LLC | |||
| UBS Americas Inc. | |||
| UBS Asset Management Trust Company |
Tikkurila Oyj
Sanna Lehti
General Counsel
For additional information, please contact:
Sanna Lehti, General Counsel
tel. +358 40 5111757
sanna.lehti@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 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.
www.tikkurilagroup.com