Notification of the holdings of PPG Industries, Inc.
Major Shareholders Announcement
8 February 2021 at 2.30 p.m. (EET)
Tikkurila Oyj (business ID 0197067-4) (“Tikkurila”) has on 8 February 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from PPG Industries, Inc.
Referring to the share purchase agreements entered into by PPG Industries Inc. on February 4, 2021, the total holdings by PPG Industries, Inc.(entity number 284424) in the shares of Tikkurila (FI400008719) has increased to 9.32 percent following the trades executed on February 5, 2021.
PPG Industries, Inc.’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||9.32%||9.32%||44,108,252|
|Position of previous notification||0%||0%|
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: 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)|
For additional information, please contact:
Sanna Lehti, General Counsel
tel. +358 40 5111757
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 2,700 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.