Director/PDMR Shareholding

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 Šimkus 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.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Justinas Šimkus
2)	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Baltic Classifieds Group PLC
b)	LEI	213800I1RPHCFSSQS969
4	Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument.	Ordinary shares
	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 214.42 pence	2,000,000 2,000,000
d)	Aggregated information
	-     Aggregated volume	4,000,000
	-     Aggregated price	214.10 pence
e)	Date of the transaction	13 December 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor Mather
2)	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Baltic Classifieds Group PLC
b)	LEI	213800I1RPHCFSSQS969
4	Details of the transaction(s): section to be repeated for (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 financial instrument, type of instrument.	Ordinary shares
	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
	-     Aggregated price	213.79 pence
e)	Date of the transaction	13 December 2023
f)	Place of the transaction	London Stock Exchange

Enquiries

Baltic Classifieds Group PLC

Company Secretary: [e-mail]

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

 

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