Tikkurila Oyj : J.P. Morgan Chase & Co.’s indirect holding in Tikkurila increased to 6.13%

Tikkurila Oyj
Major Shareholder Announcement
1 April 2021 at 11.45 a.m. (EEST)

Tikkurila Oyj (business ID 0197067-4) has on March 31, 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from J.P. Morgan Chase & Co.

The indirect holding of the funds and accounts managed by J.P. Morgan Chase & Co. in the shares and financial instruments of Tikkurila Oyj increased above 5 percent threshold and is now 6.13%, as a consequence of the trades executed on March 29, 2021.

J.P. Morgan Chase & Co.'s position according to their notification:

Full name of Shareholders:
JPMorgan Asset Management (UK) Limited
J.P. Morgan Securities plc
JPMorgan Chase Bank, National Association

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	6.09%	0.04%	6.13%	44,108,252
Position of previous notification	1.72%	3.22%	4.94%

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		2,687,547		6.09%
Subtotal A		2,687,547		6.09%

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
Cash-settled equity swap	16/02/2022	16/02/2022	Cash	6,353	0.01%
Cash-settled equity swap	17/03/2022	17/03/2022	Cash	9,886	0.02%
Cash-settled equity swap	28/03/2022	28/03/2022	Cash	70	0.00%
Subtotal B				16,309	0.04%

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
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC
JPMorgan Asset Management Holdings Inc.
JPMorgan Asset Management International Limited
JPMorgan Asset Management (UK) Limited	5.87%		5.90%
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association
J.P. Morgan International Finance Limited
J.P. Morgan Capital Holdings Limited
J.P. Morgan Securities plc
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association

Tikkurila Oyj

For additional information, please contact:

Markus Melkko
CFO
[phone]
[e-mail]