REG - Baltic Classifieds - Directorate Change

Baltic ClassifiedsAnnouncement

12/06/2024 07:00

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RNS Number : 0480S  Baltic Classifieds Group PLC  11 June 2024

Baltic Classifieds Group PLC

 

(the "Company")

 

 

Directorate Change

 

The Company is pleased to announce the appointment of Rūta Armonė as an
Independent Non-executive Director of the Company and as a member of Audit,
Nomination and Remuneration Committees with effect from 11 June 2024.

 

Rūta is experienced in corporate, M&A, and securities law and is a
partner and co-chair of the Corporate and M&A practice at Ellex Valiunas
law firm. Rūta actively participates in working groups and associations aimed
at enhancing the legal and tax environment to support high-growth tech
companies. She holds an LLM from the Institute for Law and Finance (Goethe
University Frankfurt) and an International EMBA from the Baltic Management
Institute.

 

Following Rūta's appointment, the Board comprises four Independent
Non-Executive Directors, one Non-Executive Director (from Apax), three
Executive Directors and a Non-Executive Chair.

 

Commenting on the appointment, Trevor Mather, Chair said:

 

"I am delighted that Rūta has agreed to join our Board and will be bringing
extensive professional expertise to complement the balance of skills and
experience on our Board. We welcome Rūta to the team and look forward to
working with her as we continue to drive the business forward."

 

There is no further information to be disclosed for the purposes of Listing
Rule 9.6.13R. Rūta does not currently hold any shares in the Company.

 

 

Enquiries

 

Baltic Classifieds Group PLC

Company Secretary: E-mail: cosec@balticclassifieds.com
(mailto:cosec@balticclassifieds.com)

 

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

 

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 - automotive,
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/)

 

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