REG - Ondine Biomedical - Notification of Major Holdings

Ondine BiomedicalAnnouncement

30/01/2025 18:00

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RNS Number : 3597V  Ondine Biomedical Inc.  30 January 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

CA68234M2058

Issuer Name

ONDINE BIOMEDICAL INC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

 Other

Comments

New shares were issued diluting ownership.

3. Details of person subject to the notification obligation

Name

 Carolyn Cross

City of registered office (if applicable)

 Vancouver

Country of registered office (if applicable)

 Canada

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

 29-Jan-2025

6. Date on which Issuer notified

 29-Jan-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  26.715201                                             0.000000                                                                   26.715201                       118,091,377
 Position of previous notification (if applicable)                          29.230197                                             0.000000                                                                   29.230197                       118,091,377

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 CA68234M2058                                 65,884,085                               52,207,292                                   14.904615                           11.810585%
 Sub Total 8.A                                118,091,377                                                                           26.715201

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking                        % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                                than the notifiable threshold
 Carolyn Cross                Carolyn Cross                                         26.715201                                                                                                                                               26.715201
 Carolyn Cross                0902337 B.C. Ltd (wholly owned by Carolyn Cross)      26.715201                                                                                                                                               26.715201
 Carolyn Cross                Vencourt Capital Ltd (wholly owned by Carolyn Cross)  26.715201                                                                                                                                               26.715201

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

30-Jan-2025

13. Place Of Completion

 Vancouver, Canada

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