Stock exchange releases

Notification of the holdings by Sand Grove Capital Management


Tikkurila Oyj
Major Shareholders Announcement
9 February 2021 at 9.30 p.m. (EET)

Tikkurila Oyj (business ID 0197067-4) has on 9 February 2021, received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from Sand Grove Capital Management LLP.

According to the notification, the holding of the funds and accounts managed by Sand Grove Capital Management in the shares of Tikkurila Oyj has decreased to 0 percent, due to the trades executed on February 8, 2021. The position of previous holding by Sand Grove Capital Management, announced on 19 January 2021, was 5.06 percent.

Full name of shareholders:
Sand Grove Opportunities Master Fund Ltd.
Sand Grove Tactical Fund LP
Investment Opportunities 2 Segregated Portfolio

Following the announcement, Sand Grove Capital Management LLP holds no shares of Tikkurila.

Tikkurila Oyj
Sanna Lehti
General Counsel 

For additional information, please contact: 
Sanna Lehti, General Counsel 
tel. +358 40 5111757  

About us

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 2,600 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2019, our revenue totaled EUR 564 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862.


Tikkurila Oyj
P.O. Box 53, Heidehofintie 2 FI-01300 Vantaa Finland
+358 20 191 2000