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Last checked at 
24 Apr 2026 10:41
24 April 2026
Baltic Classifieds Group PLC
(the "Company" and "BCG")
Share buyback programme
Baltic Classifieds Group PLC, (LSE: BCG), the leading online classifieds group in the Baltics, notes that it is approaching completion of its existing share buyback programme of 50,039,240 shares announced on 30 September 2022 (the "Buyback Programme").
BCG obtains authority each year at its Annual General Meeting to purchase its own shares. The authority obtained at the Annual General Meeting in September 2025 (the "2025 AGM") allowed BCG to purchase a maximum of 48,435,267 shares. As at 21 April 2026, the Company retains authority to purchase 15,683,569 shares, which it intends to utilise in full.
As at 21 April 2026, the Company has purchased 44,872,759 shares under the Buyback Programme, with 5,166,481 shares remaining to be purchased. As a result, BCG will now extend the Buyback Programme to include the shares remaining under the 2025 AGM authority. The share buyback programme extension will be for a maximum amount of €45 million and will end upon the 2025 AGM authority to purchase its own shares being fully utilised.
Based on current market conditions and the trajectory of recent buyback activity, BCG expects to complete the maximum purchases permissible under its 2025 AGM authority in June 2026. As the Company's next Annual General Meeting is scheduled to take place in September 2026, the Board intends to seek an incremental one-off authority to continue its share buyback programme during the intervening period by convening a General Meeting. A notice convening the General Meeting will be published in due course with further information.
The purpose of the share buyback programme is to reduce the Company's share capital and return capital to shareholders. It is intended that shares purchased under this programme will be immediately cancelled.
The share buyback programme will be conducted in accordance with the Company's general authority to repurchase shares, the UKLA Listing Rules and relevant conditions for trading, restrictions regarding time and volume, disclosure and reporting obligations, and price conditions.
Enquiries:
Company Secretary: E-mail: cosec@balticclassifieds.com
About Baltic Classifieds Group PLC
Baltic Classifieds Group PLC ("BCG") is the leading online classifieds group in the Baltics, which owns and operates fourteen leading vertical and generalist online classifieds portals in Lithuania, Estonia and Latvia. BCG's online classifieds portfolio comprises four business lines - auto, real estate, jobs & services and generalist. The Group listed on the London Stock Exchange in July 2021 and is a member of the FTSE 250 Index.
For more information, please visit https://balticclassifieds.com/
Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969
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