FORM 4
☐ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

REDAELLI GAETANO		 2. Issuer Name and Ticker or Trading Symbol

Diversey Holdings, Ltd. [ DSEY ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Strategic Dev. Officer
(Last)          (First)          (Middle)

1300 ALTURA ROAD, SUITE 125		 3. Date of Earliest Transaction (MM/DD/YYYY)

5/1/2023
(Street)

FORT MILL, SC 29708		 4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares, $0.0001 par value (1)(2)5/1/2023  A  17277 A$0.00 537022 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
(1) The reporting person was granted (i) 6,956 unvested closing restricted share units ("Closing RSUs") and (ii) 10,321 tax receivable agreement restricted share units ("TRA RSUs"), in each case, granted under the Diversey Holdings, Ltd. 2021 Omnibus Incentive Plan.
(2) The Closing RSUs vest in full on December 31, 2024, subject to the reporting person's continued service to Diversey Holdings, Ltd. (the "Company") and its affiliates through the vesting date, except that a portion of Closing RSUs equal to the product obtained by multiplying such holder's Closing RSUs by a fraction equal to the number of full and partial months from and including January 1, 2023 through the holder's termination divided by 24 months shall vest on the date that such holder's employment with the Company and its affiliates is terminated without cause or by the holder for good reason. The TRA RSUs vest in full on December 31, 2024, subject to the reporting person's continued service to the Company and its affiliates, or on the date that such holder's employment with the Company and its affiliates is terminated without cause or by the holder for good reason.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
REDAELLI GAETANO
1300 ALTURA ROAD, SUITE 125
FORT MILL, SC 29708

Chief Strategic Dev. Officer
Signatures
/s/ Michael Chapman, by power of attorney5/1/2023
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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