Director/PDMR Shareholding

Source: RNS
RNS Number : 1583I
Baltic Classifieds Group PLC
10 August 2021
 

10 August 2021

 

Baltic Classifieds Group PLC

 

(the "Company")

 

Notification of Transactions by PDMRs

 

Grant of awards under the Company's Performance Share Plan

On 6 August 2021, 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

364 611

Lina Mačienė

156 262

Simonas Orkinas

260 436

Awards were also granted to 21 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 2024. Details of the performance conditions will be included in the Company's Directors' Remuneration Report for the year ending 30 April 2022.

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

364 611

d)

Aggregated information

N/A

e)

Date of the transaction

6 August 2021

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

156 262

d)

Aggregated information

N/A

e)

Date of the transaction

6 August 2021

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

260 436

d)

Aggregated information

N/A

e)

Date of the transaction

6 August 2021

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFEITIIILIL