TIDMBCG

RNS Number : 8761W

Baltic Classifieds Group PLC

14 December 2023

14 December 2023

Baltic Classifieds Group PLC

(the "Company")

Notification of transactions by persons discharging managerial responsibilities

The Company announces that Justinas Šimkus , CEO, has sold 4,000,000 ordinary shares on 13 December 2023.

The Company also announces that Trevor Mather, Chairman, has purchased 467,000 ordinary shares on 13 December 2023.

Following these transactions, Justinas Š imkus and Trevor Mather respectively hold 16,000,000 ordinary shares and 5,081,418 ordinary shares, representing 3.25% and 1.03% of the issued ordinary share capital of the Company. Details of the transactions are below.

Commenting on the transaction, Justinas Šimkus said: "I have made the decision to sell my shares in the Company purely for reasons of diversification. The vast majority of my wealth is tied up in the Company's shares. I have also made a commitment to not sell any more shares for at least 12 months".

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing form can be found below.

 
        Details of the person discharging managerial responsibilities 
  1      / person closely associated 
 a)     Name                                  Justinas Šimkus 
       ------------------------------------  ------------------------------- 
        Reason for the notification 
  2) 
       --------------------------------------------------------------------- 
 a)     Position/status                       Chief Executive Officer 
       ------------------------------------  ------------------------------- 
 b)     Initial notification/Amendment        Initial notification 
       ------------------------------------  ------------------------------- 
        Details of the issuer 
  3 
       --------------------------------------------------------------------- 
 a)     Name                                  Baltic Classifieds Group PLC 
       ------------------------------------  ------------------------------- 
 b)     LEI                                   213800I1RPHCFSSQS969 
       ------------------------------------  ------------------------------- 
        Details of the transaction(s): section to be repeated for 
  4      (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
       --------------------------------------------------------------------- 
 a)     Description of the                    Ordinary shares 
         financial instrument, 
         type of instrument. 
        Identification code                   ISIN: GB00BN44P254 
       ------------------------------------  ------------------------------- 
 b)     Nature of the transaction             Sale of ordinary shares 
       ------------------------------------  ------------------------------- 
 c)     Price(s) and volume(s)                Price(s)           Volume(s) 
       ------------------------------------  -----------------  ------------ 
                                              213.79 pence       2,000,000 
                                               214.42 pence       2,000,000 
 ------------------------------------------  -----------------  ------------ 
 d)     Aggregated information 
       ------------------------------------  ------------------------------- 
 
         *    Aggregated volume               4,000,000 
 ------------------------------------------  ------------------------------- 
                                              214.10 pence 
         *    Aggregated price 
 ------------------------------------------  ------------------------------- 
 e)     Date of the transaction               13 December 2023 
       ------------------------------------  ------------------------------- 
 f)     Place of the transaction              Outside a trading venue 
       ------------------------------------  ------------------------------- 
 
 
        Details of the person discharging managerial responsibilities 
  1      / person closely associated 
 a)     Name                                   Trevor Mather 
       -------------------------------------  ------------------------------- 
        Reason for the notification 
  2) 
       ---------------------------------------------------------------------- 
 a)     Position/status                        Chairman 
       -------------------------------------  ------------------------------- 
 b)     Initial notification/Amendment         Initial notification 
       -------------------------------------  ------------------------------- 
        Details of the issuer 
  3 
       ---------------------------------------------------------------------- 
 a)     Name                                   Baltic Classifieds Group PLC 
       -------------------------------------  ------------------------------- 
 b)     LEI                                    213800I1RPHCFSSQS969 
       -------------------------------------  ------------------------------- 
        Details of the transaction(s): section to be repeated for 
  4      (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
       ---------------------------------------------------------------------- 
 a)     Description of the                     Ordinary shares 
         financial instrument, 
         type of instrument. 
        Identification code                    ISIN: GB00BN44P254 
       -------------------------------------  ------------------------------- 
 b)     Nature of the transaction              Purchase of ordinary shares 
       -------------------------------------  ------------------------------- 
 c)     Price(s) and volume(s)                 Price(s)           Volume(s) 
       -------------------------------------  -----------------  ------------ 
                                               213.79 pence       467,000 
 -------------------------------------------  -----------------  ------------ 
 d)     Aggregated information 
       -------------------------------------  ------------------------------- 
 
         *    Aggregated volume                467,000 
 -------------------------------------------  ------------------------------- 
                                               213.79 pence 
         *    Aggregated price 
 -------------------------------------------  ------------------------------- 
 e)     Date of the transaction                13 December 2023 
       -------------------------------------  ------------------------------- 
 f)     Place of the transaction               London Stock Exchange 
       -------------------------------------  ------------------------------- 
 

Enquiries

Baltic Classifieds Group PLC

Company Secretary: cosec@balticclassifieds.com

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

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END

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December 14, 2023 12:17 ET (17:17 GMT)

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