With effect from 2 September 2026, Baltic Classifieds Group PLC (“BCG” or the “Company”) changed the currency in which its ordinary shares are traded on the London Stock Exchange from pence sterling (GBp) to euro (EUR). BCG announced its intention to make this change on 12 August 2026, 26 August 2026 and 28 August 2026.
BCG generates all of its revenue, earnings and cash flows in euro and reports its financial results in euro. Aligning the trading currency of the Company’s shares with its reporting currency provides greater consistency between the Company’s share price and its financial reporting, eliminates the GBP/EUR translation effect on the quoted share price and simplifies the investment case for BCG.
No action is required by shareholders.
No. The nominal value of each ordinary share remains £0.01 and the nominal currency remains pound sterling. There is no impact on voting rights, share capital, governance rights or the contractual terms of the shares.
No. Dividends will continue to be declared in euro and paid in either euro or pound sterling.
Shareholders wishing to receive dividends in pound sterling may make a currency election with the Company’s registrar, Equiniti, in the usual way, by following the guidance at https://balticclassifieds.com/dividends. Shareholders who have already made an election do not need to re-elect.
No, not unless you wish to receive your dividends directly in euro. If you wish to buy or sell shares, your broker, investment platform or custodian will be able to confirm the currency in which your trades will settle and any applicable foreign exchange arrangements following the change in trading currency to euro.
No. The change does not affect BCG's listing on the London Stock Exchange in any other way and BCG will remain a member of the FTSE 250 Index.
Please contact the Company Secretary at [email protected].
Following the change in trading currency, the London Stock Exchange restated historic share price data by applying the GBP/EUR exchange rate in effect on 1 September 2026 of 1 GBP : 1.1669 EUR, with this update applied to its database after 21:30 UK time on 1 September 2026. Other platforms, such as Bloomberg, restated historic data by converting historic closing prices to corresponding historic daily GBP/EUR exchange rates.
The file here shows the historic price of Baltic Classifieds Group's ordinary shares in pence sterling (GBp) and in pound sterling (GBP), together with the corresponding value in euro (EUR) determined by reference to (i) the daily GBP/EUR exchange rate and (ii) the GBP/EUR exchange rate at 1 September 2026 as applied by the London Stock Exchange.
