Morgan Stanley :'s indirect holding in Tikkurila decreased to 4.93%

Tikkurila Oyj
Major Shareholder Announcement
22 March 2021 at 12.25 p.m. (EET)

Tikkurila Oyj (business ID 0197067-4) has on March 19, 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from Morgan Stanley.

The indirect holding of the funds and accounts managed by Morgan Stanley in the shares and financial instruments of Tikkurila Oyj decreased below 5 percent threshold and is now 4.93%, as a consequence of the trades executed on March 18, 2021.

Morgan Stanley's position according to their notification:

Full name of Shareholders:

Morgan Stanley

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	0.00%	4.93%	4.93%	44,108,252
Position of previous notification	5.15%	0.04%	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 sharesISIN 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 Subtotal A	0	0	0.00%	0.00%

 

B: Financial Instruments according to SMA 9:6a
 

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Right of Recall over a securities lending agreement	At any time	At any time	Physical	2,176,329	4.93%
Subtotal B				2,176,329	4.93%

 
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
Morgan Stanley & Co. International plc	0.00%	4.90%	4.90%
Morgan Stanley & Co. LLC	0.00%	0.01%	0.01%
Prime Dealer Services Corp.	0.00%	0.03%	0.03%

 

Tikkurila Oyj
Sanna Lehti 
General Counsel 

For additional information, please contact:  

Sanna Lehti, General Counsel 
tel. [phone] 
[e-mail]  

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

https://news.cision.com/tikkurila/r/morgan-stanley-s-indirect-holding-in-tikkurila-decreased-to-4-93-,c3311377

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