Baltic Classifieds Group Share News (BCG)

IN BRIEF: Apax Partners funds sell 4% stake in Baltic Classifieds

Baltic Classifieds Group PLC - online classified ads portal provider in Lithuania, Estonia and Latvia - Antler EquityCo Sarl, controlled by funds advised by Apax Partners LLP, sells 21.5 million shares in Baltic Classifieds at 220 pence each. Placing raised gross proceeds of GBP47.3 million, with shares representing approximately 4.4% of Baltic's issued ordinary share capital. Following settlement, Antler will continue to hold an approximate 26.6% stake in Baltic. Baltic is not a party to the placing and will receive no proceeds.

Antler sells 21.5m shares in Baltic Classifieds in placing

(Sharecast News) - Antler, which is controlled by funds advised by Apax, has sold 21.5m shares in Baltic Classifieds Group in a placing, raising gross proceeds of £47.3m.

IN BRIEF: Apax Partners funds sell 5% stake in Baltic Classifieds

Baltic Classifieds Group PLC - online classified ads portal provider in Lithuania, Estonia and Latvia - Funds advised by Apax Partners LLP sell 25 million Baltic Classifieds shares at 206 pence per share, worth GBP51.5 million in total. Of the shares sold by Apax vehicle Antler EquityCo Sarl, 23.5 million are placed with institutional investors by BofA Securities Europe SA, part of Bank of America Corp, and 1.5 million are bought back by Baltic Classifieds. Baltic Classifieds will receive no money from the sale to the institutions, as it is of existing shares. Antler will continue to hold a 31% stake in Baltic Classifieds and has agreed to not sell any more shares for 90 days.

UK dividends calendar - next 7 days

DIRECTOR DEALINGS: Baltic Classifieds CEO sells GBP9 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

UK dividends calendar - next 7 days

Baltic Classifieds says "stars have aligned" and lifts annual guidance

(Alliance News) - Baltic Classifieds Group PLC on Wednesday reported strong interim revenue growth, and it lifted its outlook for the rest of the year.

Baltic Classifieds H1 revenues grow

(Sharecast News) - Online classifieds business Baltic Classifieds said on Wednesday that it has continued to build on the momentum seen in the previous trading year, with both interim revenue and underlying earnings growing.

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

UK dividends calendar - next 7 days

Baltic Classifieds eyes further growth as profit and revenue rise

(Alliance News) - Baltic Classifieds Group PLC on Thursday lifted its final dividend for financial 2023 by 20% as profit and revenue jumped.

Baltic Classifieds posts jump in 1H profits and sales

(Sharecast News) - Baltic Classifieds posted a sharp jump in profits for the first half of its financial year amid record revenues.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Baltic Classifieds CEO sells GBP3.8 million worth of shares

Baltic Classifieds Group PLC - leading online classifieds group in the Baltics, operating in Estonia, Latvia and Lithuania - Announces share sales by three executives. CEO Justinas Simkus sells 2.5 million shares at GBP1.5 each for GBP3.75 million in total; COO Simonas Orkinas sells 874,825 shares at GBP1.5 each for GBP1.3 million; and CFO Lina Maciene sells 300,000 shares at GBP1.5 each for GBP450,000. Following the sales, Simkus retains a 4.0% holding, Orkinas holds 0.4% and Maciene 0.5%.