TCM Group A/S: Major shareholder announcement
June 29 2023 - 5:13AM
TCM Group A/S: Major shareholder announcement
COMPANY ANNOUNCEMENT
No. 174/2023
Tvis, 29 June 2023
Major shareholder announcementReferring to
section 30 of the Capital Markets Act, TCM Group A/S (the
"Company"), can inform, that Taiga Investment Funds PLC has
notified, that their aggregate holding of shares amounts to less
than 5% as of 29 June 2023.
For further information please contact:Torben
Paulin, CEO, TCM Group A/S, +45 21 21 04 64
About TCM Group
TCM Group is Scandinavia’s third largest
manufacturer of kitchens and furniture for bathrooms and storage.
The products are designed and produced in Denmark and rooted in a
proud tradition of good quality and good craftsmanship. TCM Group
pursues a multi-brand strategy, under which the main brand is Svane
Køkkenet and the other brands are Tvis Køkken and Nettoline.
Combined, the brands cater for the entire price spectrum, and are
sold through c. 140 dealers in Denmark and the rest of the
Scandinavia. TCM Group sells private label kitchens through DIY
stores in Denmark and independent kitchen stores in Norway. TCM
Group is supplier to the 45% owned e-commerce kitchen business
Celebert, which operates under the brands kitchn.dk,
billigskabe.dk, Celebert and Just Wood. See www.tcmgroup.dk for
more information.
- 174. Major shareholder announcement
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