Baltic Classifieds Group PLCLSE: BCG

Baltic Classifieds Group: Share Buyback Programme

· Issued by Baltic Classifieds Group PLC via RNS

Summary by 6ix AI

Baltic Classifieds Group PLC, which runs online classifieds portals in Lithuania, Estonia and Latvia, said its share buyback programme, first announced on June 1, 2026, has continued after shareholders renewed its authority to buy back its own shares at the annual general meeting on September 23, 2026.

Key details

  • Until further authority is sought, purchases under the programme may not exceed 64,650,733 shares, the authority granted at the 2026 annual general meeting.
  • The programme has a maximum aggregate consideration of €230 million, which the company says is an upper limit, not a target or an indication of the amount it intends to allocate.
  • The company says the programme's purpose is to reduce its share capital and return capital to shareholders, and it intends to cancel purchased shares immediately.
  • The buyback authority expires at the earlier of the end of the company's 2027 annual general meeting or the close of business on December 23, 2027.

What’s still pending

  • The actual number of shares bought will depend on prevailing market conditions, and the company is not obliged to buy any particular number of shares.
  • Purchases must follow the company's general repurchase authority, the UK Listing Rules and related conditions on trading, time, volume, disclosure, reporting and price.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/share-buyback-programme-148

Baltic Classifieds Group PLC
02 November 2026
 

2 November 2026

Baltic Classifieds Group PLC
(the "Company" and "BCG")

Share buyback programme 2026

Baltic Classifieds Group PLC (LSE: BCG), the leading online classifieds group in the Baltics, announces that its share buyback programme announced on 1 June 2026 has continued following the renewal of the Company’s authority to purchase its own shares at the Annual General Meeting held on 23 September 2026 (the Buyback Programme).

The Buyback Programme will continue on an ongoing basis under the authority granted by shareholders at the Company's Annual General Meeting held on 23 September 2026. This authority expires at the earlier of the conclusion of the Company's 2027 AGM or the close of business on 23 December 2027.

Until such time as further authority is sought, the maximum number of shares that may be purchased as part of the Buyback Programme shall not exceed 64,650,733 shares, being the authority granted to the Company at its 2026 AGM. The Buyback Programme is subject to a maximum aggregate consideration of €230 million, which represents an upper limit rather than a target or an indication of the amount the Company intends to allocate. The actual number of shares purchased will depend on prevailing market conditions and the Company is not obliged to purchase any particular number of shares.

The purpose of the Buyback Programme is to reduce the Company's share capital and to return capital to shareholders. It is intended that shares purchased under this programme will be immediately cancelled.

The Buyback Programme will be conducted in accordance with the Company's general authority to repurchase shares, the UK Listing Rules and relevant conditions for trading, restrictions regarding time and volume, disclosure and reporting obligations, and price conditions.

Enquiries:

Baltic Classifieds Group PLC

Company Secretary: E-mail: [email protected]

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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