Tikkurila Oyj : J.P. Morgan Chase & Co.'s indirect holding in Tikkurila decreased to 4.94%

Tikkurila Oyj
Major Shareholder Announcement
8 March 2021 at 12.30 p.m. (EET)

Tikkurila Oyj (business ID 0197067-4) has on March 5, 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 decreased below 5 percent threshold and is now 4.94%, as a consequence of the trades executed on March 4, 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	1.72%	3.22%	4.94%	44,108,252
Position of previous notification	2.77%	3.24%	6.01%

 

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		758,001		1.72%
Subtotal A		758,001		1.72%

 

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	10/03/2021	10/03/2021	Cash	1,392,541	3.16%
Cash-settled equity swap	16/02/2022	16/02/2022	Cash	15,217	0.03%
Cash-settled equity swap	17/03/2022	17/03/2022	Cash	13,356	0.03%
Cash-settled equity swap	28/03/2022	28/03/2022	Cash	70	0.00%
Subtotal B				1,421,184	3.22%

 
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:

JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC
JPMorgan Asset Management Holdings Inc.
JPMorgan Asset Management International Limited
JPMorgan Asset Management (UK) Limited
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
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/j-p--morgan-chase---co-s-indirect-holding-in-tikkurila-decreased-to-4-94-,c3301757

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