REG - Baltic Classifieds - Directorate change

Baltic ClassifiedsAnnouncement

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RNS Number : 5419B  Baltic Classifieds Group PLC  22 April 2026

22 April 2026

Baltic Classifieds Group PLC

 

(the "Company")

 

Board change

 

 

Baltic Classifieds Group PLC, (LSE: BCG), the leading online classifieds group
in the Baltics, announces that Simonas Orkinas has informed the Board of his
intention to retire from his position as Chief Operating Officer of the
Company and not to stand for re-election at the next Annual General Meeting.

 

Artūras Mizeras, currently Development Director, will assume the role of
Chief Operating Officer upon Simonas's departure. Artūras joined Baltic
Classifieds Group ("BCG") 15 years ago when BCG acquired his business. He has
led several of our most successful businesses, including our Auto, Generalist
and Real Estate portals.

 

Justinas Šimkus, CEO of Baltic Classifieds Group, said:

 

"Simonas has been an invaluable member of our team and a key partner in our
journey for over 18 years. He was the very first employee of Skelbiu.lt and
has been instrumental in the growth and success of Baltic Classifieds Group,
from its early days to becoming a publicly listed company. I am immensely
grateful for his dedication and significant contributions. On behalf of the
entire company, I want to thank him and wish him the very best for the future.
At the same time, I want to congratulate Artūras on his promotion. He has
proven to be an exceptional leader within the Group, and I am confident he
will excel in his new role."

 

Simonas Orkinas, COO of Baltic Classifieds Group, said:

 

"My time with Baltic Classifieds Group has been an extraordinary journey, and
I am deeply grateful for the opportunity to contribute to the company's growth
and success. I want to thank our talented team for their commitment and
Justinas for his leadership. I am excited to see the company continue to
thrive and innovate in the years to come."

 

Artūras Mizeras, Development Director of Baltic Classifieds Group, said:

 

"I am delighted and grateful for the opportunity to serve as the new Chief
Operating Officer. It's a privilege to be part of such a talented and
dedicated team. I want to thank Simonas for his leadership and wish him the
very best."

 

Simonas will remain with the Company for up to six months to ensure a smooth
and orderly transition. Simonas will not stand for re-election at the next
Company's Annual General Meeting in September 2026. He will not receive
further awards under the Company's Performance Share Plan. Awards vesting
during his remaining employment period will be paid as per the terms of those
awards, with all other outstanding awards lapsing. There will be no payments
of salary or any additional compensation payable post-employment other than as
might be required under Lithuanian employment law.

 

This announcement is made pursuant to Listing Rules 6.4.6R. It also contains
information that qualifies or may qualify as inside information within the
meaning of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as it
forms part of English law by virtue of the European Union (Withdrawal) Act
2018.

 

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/
(https://balticclassifieds.com/)

 

 

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

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