Director/PDMR Shareholding

RNS Number : 5397S

Baltic Classifieds Group PLC

14 July 2022

 

14 July 2022

Baltic Classifieds Group PLC

(the "Company")

Notification of Transactions by PDMRs

Grant of awards under the Company's Performance Share Plan

On 12 July 2022, 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	427 557
Lina Mačienė	183 239
Simonas Orkinas	305 398

Awards were also granted to 17 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 2025. Details of the performance conditions will be included in the Company's Directors' Remuneration Report for the year ending 30 April 2023.

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	427 557
d)	Aggregated information	N/A
e)	Date of the transaction	12 July 2022
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	183 239
d)	Aggregated information	N/A
e)	Date of the transaction	12 July 2022
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	305 398
d)	Aggregated information	N/A
e)	Date of the transaction	12 July 2022
f)	Place of the transaction	Outside a trading venue

Enquiries

Baltic Classifieds Group PLC

Company Secretary: [e-mail]

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

 

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