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
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/