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Last checked at 
9 Jul 2024 14:52
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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