Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Tikkurila Oyj    TIK1V   FI4000008719

TIKKURILA OYJ

(TIK1V)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Tikkurila Oyj : Marathon Asset Management LLP's indirect holdings in Tikkurila below 5.0 percent

10/15/2020 | 03:31am EST

Notice pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10: Marathon Asset Management LLP's indirect holdings in Tikkurila below 5.0 percent

Tikkurila Oyj, Stock Exchange Release, 15 October 2020, at 10:30 a.m. (EST)

Tikkurila Oyj (business ID 0197067-4) has received a notification from Marathon Asset Management LLP on 14 October 2020 that the holding of the funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP in shares of Tikkurila Oyj has on 13 October 2020 decreased below the 1/20 (5%) threshold.

According to the notification, the holdings of the above-mentioned entities in Tikkurila Oyj amount to a total of 2,018,006 shares, which corresponds to 4.58 percent of the total amount of shares and voting rights.

The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP.  The provided breakdown of holdings refers to the total number of shares in Tikkurila Oyj controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 1,660,007 shares.

Breakdown of holdings

Bank of New York Mellon - 588,239
Brown Brothers Harriman - 111,856
JP Morgan - 94,479
Northern Trust - 790,523
State Street Bank & Trust Company, Boston - 432,909

Total - 2,018,006

The percentages of shares and voting rights have been calculated in proportion to the total number of shares registered with the Trade Register and the total number of voting rights related to them. The share capital of Tikkurila Oyj is EUR 35,000,000.00 and it is divided into 44,108,252 shares. The company has one series of shares, and each share entitles to one voting right.

Tikkurila Oyj

For further information, please contact:

Tapio Pesola
Head of Investor Relations
Tikkurila Oyj
ir@tikkurila.com

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 eleven countries and our 2,700 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.
www.tikkurilagroup.com (https://na01.safelinks.protection.outlook.com/?url=http://www.tikkurilagroup.com&data=02|01|Patrik.Pihlman@cision.com|a57b7350421d4369783908d5a5065d66|887bf9ee3c824b88bcb280d5e169b99b|1|0|636596369154901028&sdata=e0YwHsnSb0faQH3ttp/3mYoiFcmgRr08Vthl/6dqvYs=&reserved=0)

https://news.cision.com/tikkurila/r/marathon-asset-management-llp-s-indirect-holdings-in-tikkurila-below-5-0-percent,c3216345

(c) 2020 Cision. All rights reserved., source Press Releases - English

All news about TIKKURILA OYJ
01/15TIKKURILA OYJ : J.P. Morgan Chase & Co.'s indirect holding in Tikkurila decrease..
AQ
01/14TIKKURILA OYJ : PPG Industries, Inc. commences the recommended voluntary public ..
AQ
01/13TIKKURILA OYJ : Statement of the Board of Directors of Tikkurila Oyj regarding t..
AQ
01/08TIKKURILA OYJ : Lannebo Fonder AB's holding in Tikkurila decreased to 4.08 perce..
AQ
01/05TIKKURILA OYJ : PPG sweetens deal to buy Finnish paint maker Tikkurila for $1.52..
RE
01/05PPG INDUSTRIES : Lifts All Cash Offer for Tikkurila to EUR1.24 Billion
MT
01/05TIKKURILA OYJ : PPG Industries, Inc. and Tikkurila Oyj have agreed on an amendme..
AQ
01/04PEAB : builds tenancy apartments in Tikkurila
AQ
2020UBS Adjusts PPG Industries' Price Target to $161 From $153 on Tikkurila, Enni..
MT
2020EUROPE : European stocks break 4-day rally on Brexit trade talks, U.S. stimulus ..
RE
More news
Financials
Sales 2020 577 M 696 M 696 M
Net income 2020 44,7 M 54,0 M 54,0 M
Net Debt 2020 36,6 M 44,1 M 44,1 M
P/E ratio 2020 27,6x
Yield 2020 2,62%
Capitalization 1 233 M 1 490 M 1 489 M
EV / Sales 2020 2,20x
EV / Sales 2021 2,12x
Nbr of Employees 2 789
Free-Float 76,9%
Chart TIKKURILA OYJ
Duration : Period :
Tikkurila Oyj Technical Analysis Chart | TIK1V | FI4000008719 | MarketScreener
Technical analysis trends TIKKURILA OYJ
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 22,67 €
Last Close Price 27,95 €
Spread / Highest target -10,6%
Spread / Average Target -18,9%
Spread / Lowest Target -35,6%
EPS Revisions
Managers and Directors
NameTitle
Elisa Markula President & Chief Executive Officer
Jari Pertti Paasikivi Chairman
Fredrik Linde Senior Vice President-Operations
Markus Melkko Chief Financial Officer
Tapio Petteri Walldén Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
TIKKURILA OYJ12.02%1 490
THE SHERWIN-WILLIAMS COMPANY-1.27%58 971
PPG INDUSTRIES, INC.5.22%34 968
ASIAN PAINTS-6.28%33 974
NIPPON PAINT HOLDINGS CO., LTD.-15.27%29 673
AKZO NOBEL N.V.2.16%20 588