BCG.L

Baltic Classifieds Group PLC
Baltic Classifieds - Director/PDMR Shareholding
9th July 2024, 13:52
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RNS Number : 6507V
Baltic Classifieds Group PLC
09 July 2024
 

9 July 2024

 

Baltic Classifieds Group PLC

 

(the "Company")

 

Notification of Transactions by PDMRs

 

Grant of awards under the Company's Performance Share Plan

On 8 July 2024, the following Executive Directors were granted awards over ordinary shares in the Company under the Baltic Classifieds Group PLC Performance Share Plan (the "PSP") as noted below:

Name

Number of shares under award

Justinas Šimkus

252,674

Lina Mačienė

108,289

Simonas Orkinas

180,481

Awards were also granted to 22 other employees. 

The awards were granted in the form of options with a per share exercise price equal to the nominal value of a share.

Subject to the terms of the PSP, the awards will ordinarily vest and become exercisable on the third anniversary of grant of the award. The vesting of the awards is subject to the satisfaction of a performance condition based on Earnings per Share assessed over a performance ending with the end of the financial year to 30 April 2027. Details of the performance conditions will be included in the Company's Directors' Remuneration Report for the year ending 30 April 2024.

Shares acquired by the Executive Directors pursuant to their awards (other than any sold to cover tax liabilities) will ordinarily be subject to a further two year holding period following vesting.

 

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

Grant of option over ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

N/A

252,674

d)

Aggregated information

N/A

e)

Date of the transaction

8 July 2024

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lina Mačienė

2)

Reason for the notification

a)

Position/status

Chief Financial 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

Grant of option over ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

N/A

108,289

d)

Aggregated information

N/A

e)

Date of the transaction

8 July 2024

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simonas Orkinas

2)

Reason for the notification

a)

Position/status

Chief Operating 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

Grant of option over ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

N/A

180,481

d)

Aggregated information

N/A

e)

Date of the transaction

8 July 2024

f)

Place of the transaction

Outside a trading venue

 

 

Enquiries

 

Baltic Classifieds Group PLC

Company Secretary: cosec@balticclassifieds.com

 

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

 

 

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