Major Shareholder Update for TCM Group A/S
In a significant announcement reflecting transparency and compliance with financial regulations, TCM Group A/S has revealed important shareholder updates. This announcement details the recent changes in shareholding by Bank of America Corporation, as mandated by the Danish Capital Markets Act.
Details of Shareholder Changes
As of the latest reporting date, Bank of America Corporation has disclosed alterations in its holdings related to TCM Group A/S. Previously, the corporation held a share capital and voting rights of 0.194%. However, this has now been updated to 0.198% as of September 30, 2025.
Additionally, the share capital and voting rights through financial instruments, which were previously at 11.540%, have now been adjusted to show no holding as of the same date, effectively changing the total to 0.198%.
To summarize, as of September 30, 2025, Bank of America Corporation exercises control over 20,831 shares and voting rights in TCM Group A/S, marking a slight increase in direct holdings within the company.
Insights from TCM Group A/S
Known for its commitment to quality and craftsmanship, TCM Group A/S stands as Scandinavia's third-largest manufacturer of kitchens and furniture designed for bathrooms and storage solutions. The company’s multi-brand approach allows it to serve various market segments efficiently.
The brands under TCM Group, primarily recognized by Svane Køkkenet, alongside Tvis Køkken, Nettoline, and AUBO, collectively cover the diverse price spectrum appealing to a broad audience. These brands are distributed through approximately 220 dealers across Denmark and Scandinavia, ensuring accessibility to their high-quality products.
Corporate Leadership Contact Details
For those interested in learning more about TCM Group A/S, company representatives are available for further inquiries. Torben Paulin, the CEO, can be reached at +45 21 21 04 64. Additionally, Thomas Hjannung, the CFO, is available for contact at +45 25 17 42 33, while inquiries can also be directed via email to ir@tcmgroup.dk.
About TCM Group
TCM Group operates within a rich legacy of quality and craftsmanship, structuring its manufacturing in Denmark. The company thrives out of its historical expertise in the crafting of kitchen and furniture solutions tailored for various living spaces.
Sales channels include private label kitchens available in DIY stores throughout Denmark and independent kitchen retailers across Norway, representing TCM Group’s strategic market positioning. For further insights into their offerings and corporate philosophy, it's worthwhile to explore more about TCM Group A/S.
Frequently Asked Questions
What percentage of shares does Bank of America hold in TCM Group?
As of September 30, 2025, Bank of America Corporation holds 0.198% of the shares and voting rights in TCM Group A/S.
What are the main brands under TCM Group A/S?
The primary brands include Svane Køkkenet, Tvis Køkken, Nettoline, and AUBO, catering to various market segments.
How is TCM Group A/S responding to market demands?
TCM Group A/S adopts a multi-brand strategy to address the diverse needs of the market, ensuring quality remains paramount in all products.
Who leads TCM Group A/S?
Torben Paulin serves as the CEO, with Thomas Hjannung as the CFO, both promoting transparency and strong corporate governance.
How can I contact TCM Group for further information?
For inquiries, you can reach Torben Paulin at +45 21 21 04 64 or Thomas Hjannung at +45 25 17 42 33. They also welcome email inquiries at ir@tcmgroup.dk.
