Result of AGM
Baltic Classifieds Group PLC announced the results of its Annual General Meeting held on 23 September 2026, confirming that all resolutions were passed by shareholders. The company saw strong support for receiving reports, approving the directors' remuneration report with 99.18% for, and declaring both final and special dividends with 100% approval. Re-elections of directors generally received high percentages of votes in favour, with most exceeding 95%, although Trevor Mather's re-election saw 10.91% against. The re-appointment of KPMG LLP as auditor and authorization for political donations and share allotments also passed with overwhelming support. Approximately 69.20% of the total voting capital was represented at the meeting.
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Baltic Classifieds Group PLC (LSE: BCG), the leading online classifieds group in the Baltics, announces the results of the Company's Annual General Meeting ("AGM") held on 23 September 2026.
| Resolution | Votes FOR (a) | Votes AGAINST | Total cast votes | % of shares on register on record date | Votes withheld (b) | |||
|---|---|---|---|---|---|---|---|---|
| No. | % | No. | % | |||||
| 1. | Receive the reports of the directors and auditor and the audited financial statements | 289,060,190 | 99.98% | 48,882 | 0.02% | 289,109,072 | 69.17% | 126,160 |
| 2. | Approve the directors' Remuneration Report | 286,857,709 | 99.18% | 2,374,871 | 0.82% | 289,232,580 | 69.20% | 2,652 |
| 3. | Declare final dividend | 289,233,576 | 100.00% | 9 | 0.00% | 289,233,585 | 69.20% | 1,647 |
| 4. | Declare special dividend | 289,233,575 | 100.00% | 10 | 0.00% | 289,233,585 | 69.20% | 1,647 |
| 5. | Re-elect Trevor Mather as a director | 257,680,087 | 89.09% | 31,552,756 | 10.91% | 289,232,843 | 69.20% | 2,389 |
| 6. | Re-elect Justinas Šimkus as a director | 289,224,076 | 100.00% | 8,767 | 0.00% | 289,232,843 | 69.20% | 2,389 |
| 7. | Re-elect Lina Mačienė as a director | 288,230,207 | 99.65% | 1,002,636 | 0.35% | 289,232,843 | 69.20% | 2,389 |
| 8. | Re-elect Ed Williams as a director | 275,981,522 | 95.42% | 13,251,321 | 4.58% | 289,232,843 | 69.20% | 2,389 |
| 9. | Re-elect Tom Hall as a director | 275,981,522 | 95.42% | 13,251,321 | 4.58% | 289,232,843 | 69.20% | 2,389 |
| 10. | Re-elect Kristel Volver as a director | 275,555,480 | 95.27% | 13,677,363 | 4.73% | 289,232,843 | 69.20% | 2,389 |
| 11. | Re-elect Jurgita Kirvaitienė as a director | 275,680,962 | 95.31% | 13,551,881 | 4.69% | 289,232,843 | 69.20% | 2,389 |
| 12. | Re-elect R ūta Armonė as a director | 275,619,263 | 95.29% | 13,613,580 | 4.71% | 289,232,843 | 69.20% | 2,389 |
| 13. | Re-appoint KPMG LLP as auditor | 289,232,536 | 100.00% | 1,041 | 0.00% | 289,233,577 | 69.20% | 1,655 |
| 14. | Authorise the audit committee for and on behalf of the Board to determine the remuneration of the auditor | 289,232,536 | 100.00% | 307 | 0.00% | 289,232,843 | 69.20% | 2,389 |
| 15. | Authorise the Company to make political donations | 285,896,715 | 99.49% | 1,469,529 | 0.51% | 287,366,244 | 68.75% | 1,868,988 |
| 16. | Authorise the directors to allot shares | 284,341,151 | 98.31% | 4,891,692 | 1.69% | 289,232,843 | 69.20% | 2,389 |
| 17. | Authorise general disapplication of pre-emption rights (c) | 277,259,138 | 95.86% | 11,960,063 | 4.14% | 289,219,201 | 69.19% | 16,031 |
| 18. | Authorise additional disapplication of pre-emption rights (c) | 255,319,493 | 88.28% | 33,899,184 | 11.72% | 289,218,677 | 69.19% | 16,555 |
| 19. | Approve on-market purchases of own shares (c) | 286,087,059 | 99.36% | 1,831,789 | 0.64% | 287,918,848 | 68.88% | 1,316,384 |
| 20. | Approve 14 days' notice for general meetings (c) | 283,487,908 | 98.01% | 5,744,943 | 1.99% | 289,232,851 | 69.20% | 2,381 |
- The "FOR" proxy vote includes those giving the Chair discretion.
- Special resolution requiring a 75% majority.
The Board notes that all resolutions were duly passed and would like to thank shareholders for their continued support.
In accordance with the Financial Conduct Authority's Listing Rule UKLR 6.4.2, copies of all the resolutions passed by the Company's shareholders, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The total number of shares in issue on 21 September 2026, the deadline for casting votes by proxy in advance of the AGM, was 417,978,278 shares. 69.20% of voting capital, including votes withheld, was instructed in respect of the resolutions put to the AGM. The full text of the resolutions can be found in the Notice of Annual General Meeting 2026, which is available on the Company's website at https://balticclassifieds.com/shareholder-meetings.
As previously announced on 22 April 2026, Simonas Orkinas did not stand for re-election at the AGM and has therefore stepped down from the Board with effect from the conclusion of the AGM. The Board would like to thank Simonas for his valuable contribution to the Company during his tenure as a Director. Following Simonas' departure, the Board comprises six Independent Non-Executive Directors, two Executive Directors and the Non-Executive Chair.
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