2021-10-28 10:33:02 CEST

2021-10-28 10:33:10 CEST


REGULATED INFORMATION

English
Tikkurila Oyj - Other information disclosed according to the rules of the Exchange

PPG Finland Oy has gained title to the minority shares in Tikkurila Oyj and the shares of Tikkurila Oyj will be delisted from Nasdaq Helsinki


PPG Finland Oy has today posted a security approved by the arbitral tribunal
appointed by the Redemption Board of the Finland Chamber of Commerce in
connection with the redemption proceedings concerning the minority shares in
Tikkurila Oyj (“Tikkurila”). Thus, PPG Finland Oy has acquired ownership of all
of the shares in Tikkurila in accordance with Chapter 18, Section 6 of the
Finnish Companies Act.

The minority shareholders of Tikkurila involved in the redemption proceedings,
following the lodging of the security and the transfer of ownership, are
entitled to receive only the redemption price and the possible interest payable
thereon.

Upon Tikkurila’s application, Nasdaq Helsinki Ltd. (“Nasdaq Helsinki”) has on 16
September 2021 resolved to remove the shares in Tikkurila from the official list
of Nasdaq Helsinki after the title to all of the shares in Tikkurila have been
transferred to PPG Finland Oy in the redemption proceedings in accordance with
the Finnish Companies Act. Thus, the listing of Tikkurila's shares on Nasdaq
Helsinki ceases today in accordance with the separate release issued by Nasdaq
Helsinki.

DISTRIBUTION

Nasdaq Helsinki Ltd

Main news media

For further information, please contact:

Sanna Lehti, General Counsel
tel. +358 40 511 1757
sanna.lehti@tikkurila.com

About Tikkurila

Tikkurila offers decorative paints for consumers and professionals for surface
protection and decoration. In addition, the Company produces paints and coatings
for the metal and wood industries.

Tikkurila’s business highlights high-quality and long-term product development
and considerable marketing investments. The Company’s brands include, among
others, Tikkurila, Beckers, Alcro, Teks, and Vivacolor. Tikkurila uses the
Beckers brand only in its decorative paints in Scandinavian countries as well as
in some parts of Eastern Europe under a license from Aktiebolaget Wilh. Becker,
obtained in conjunction with its acquisition of Alcro-Beckers AB in 2001.
Important factors in the Company’s operations include a functioning and
extensive distribution network, diverse services and an efficient supply chain.
Tikkurila has seven (7) production facilities in six (6) countries and around
two thousand four hundred (2,400) employees. Tikkurila’s products are available
in more than forty (40) countries. Further information about Tikkurila may be
found from the following website www.tikkurilagroup.com.