Tiny Ltd. Updates on Beneficial Ownership Following Share Acquisitions by Wilkinson Ventures

Rhea-AI Summary

Tiny Ltd. (TSXV: TINY), a technology holding company, reported changes in beneficial ownership as Chairman Andrew Wilkinson acquired 49,049 Class A common shares at $0.99 per share on September 23, 2025.

Since his last early warning report in June 2024, Wilkinson's ownership percentage decreased from 64.3% to 51.0% due to several transactions, including: treasury share issuance for Serato Audio Research Limited acquisition, gifting of 470,000 shares to early employees, disposition of 55,000 shares through an automatic securities plan, and acquisition of 174,000 shares through subscription receipt conversion.

Following these transactions, Wilkinson now holds 119,965,445 Common Shares, maintaining a controlling 51.0% stake in the company.

Positive

• Chairman maintains significant controlling interest with 51.0% ownership
• Strategic acquisition of additional shares at $0.99 per share shows insider confidence
• Company demonstrated commitment to employee retention through share gifts to early employees

Negative

• Significant ownership dilution from 64.3% to 51.0% due to various transactions
• Disposition of 55,000 shares through automatic securities plan

Victoria, British Columbia--(Newsfile Corp. - September 23, 2025) - Tiny Ltd. (TSXV: TINY) ("Tiny" or the "Company"), a technology holding company that acquires wonderful businesses for the long term, announces that, in accordance with the early warning requirements under applicable securities laws, Andrew Wilkinson, a director and the chairman of the Company, acquired beneficial ownership of 49,049 Class A common shares of Tiny (each, a "Common Share") on September 23, 2025 at a price per share of $0.99 per share for consideration of approximately $49,019.

As of June 28, 2024, being the date of Mr. Wilkinson's most recently filed early warning report (the "2024 EWR"), Mr. Wilkinson directly and indirectly held an aggregate of 120,267,396 Common Shares, representing 64.3% of the Company's issued and outstanding Common Shares, on an undiluted basis.

Subsequent to the 2024 EWR, Mr. Wilkinson's percentage holdings of Common Shares decreased to 51.0% of the Company's issued and outstanding Common Shares on an undiluted basis. This reduction was due to: (i) the issuance from treasury by Tiny of Common Shares in connection with the acquisition of a majority interest in Serato Audio Research Limited in May 2025, (ii) the disposition of 470,000 Common Shares by way of gift to certain of Tiny's earliest employees on September 6, 2024 (the "Gift"), (iii) the disposition of an aggregate of 55,000 Common Shares pursuant to the Mr. Wilkinson's automatic securities disposition plan, (iv) the acquisition of 174,000 Common Shares on May 30, 2025 through the conversion of 174,000 subscription receipts of the Company, and (v) the acquisition of 49,049 Common Shares on September 23, 2025 by way of acquisition in the public market. After giving effect to the aforementioned acquisitions and dispositions of Common Shares, Mr. Wilkinson directly and indirectly holds an aggregate of 119,965,445 Common Shares, representing 51.0% of the issued and outstanding Common Shares of the Company on an undiluted basis.

Other than the Gift, the acquisitions and dispositions were completed by Wilkinson Ventures Ltd., a private company controlled by Mr. Wilkinson. The head office of Wilkinson Ventures Ltd. is 2900-550 Burrard Street, Vancouver, BC, V6C 0A3.

Mr. Wilkinson may acquire additional securities of the Company, dispose of some or all of the existing or additional securities he holds or will hold, or may continue to hold his current position, depending on market conditions, reformulation of plans and/or other relevant factors.

The foregoing disclosure is being disseminated pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting. A copy of the early warning report to be filed in connection with the foregoing will be available on the Company's SEDAR+ profile at www.sedarplus.ca and may be obtained by contacting:

Mike McKenna
Chief Financial Officer
Phone: 416-938-0574
Email: mike@tiny.com
1800-510 West Georgia Street
Vancouver, BC, V6B 0M4

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267689

FAQ

What is Andrew Wilkinson's current ownership percentage in Tiny Ltd (TSXV: TINY)?

Andrew Wilkinson currently holds a 51.0% stake in Tiny Ltd through direct and indirect ownership of 119,965,445 Common Shares.

How many shares did Andrew Wilkinson acquire in Tiny Ltd on September 23, 2025?

Andrew Wilkinson acquired 49,049 Class A common shares at a price of $0.99 per share, totaling approximately $49,019.

What caused the decrease in Wilkinson's ownership percentage in Tiny Ltd?

The decrease from 64.3% to 51.0% was due to: treasury share issuance for Serato acquisition, gifting of 470,000 shares to employees, disposition of 55,000 shares through an automatic plan, and subscription receipt conversions.

How many shares did Tiny Ltd's Chairman gift to early employees?

Andrew Wilkinson gifted 470,000 Common Shares to certain early employees of Tiny Ltd on September 6, 2024.

What is Tiny Ltd's business model?

Tiny Ltd (TSXV: TINY) operates as a technology holding company that acquires and holds wonderful businesses for the long term.