Source - LSE Regulatory
RNS Number : 9118E
Angling Direct PLC
01 November 2022
 

1 November 2022

 

Angling Direct plc

("Angling Direct" or "Company" or "Group")

 

Director / PDMR Shareholding

 

Angling Direct plc (AIM: ANG), the leading omni-channel specialist fishing tackle and equipment retailer, announces that Chris Keen, Non-Executive Director and PDMR of the Company, purchased 1,500  ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 29.13 pence per Ordinary Share on 31 October 2022.

 

Following this purchase, Chris Keen, will have an interest in 25,475 Ordinary Shares, representing 0.03% of the issued share capital of the Company.

 

The Notification of Dealing Form required in accordance with UK MAR is set out below.

 

For further information please contact:

 

Angling Direct plc

+44 (0) 1603 258658

Martyn Page, Non-Executive Chairman
Andy Torrance, Chief Executive Officer
Steven Crowe, Chief Financial Officer

 


Singer Capital Markets - NOMAD and Broker

+44 (0) 20 7496 3000

Peter Steel, Alex Bond, James Fischer (Corporate Finance)
Tom Salvesen (Corporate Broking)

 


FTI Consulting - Financial PR

+44 (0) 20 3727 1000

Alex Beagley
Sam Macpherson
Alice Newlyn




 

 

About Angling Direct

 

Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK. The Company sells fishing tackle products and related equipment through its network of retail stores, located strategically throughout the UK as well as through its leading digital platform (www.anglingdirect.co.uk .de, .fr, .nl, EU) and other third-party websites.

 

Angling Direct is committed to supporting its active customer base and widening access to the angling community through its passionate colleagues, store-based qualified coaches, social media reach and ADTV YouTube channel. The Company currently sells over 25,000 fishing tackle products, including capital items, consumables, luggage and clothing. Angling Direct also owns and sells fishing tackle products under its own brand 'Advanta', which was formally launched in March 2016.

 

From 1986 to 2002, the Company's founders acquired interests in a number of small independent fishing tackle shops in Norfolk and, in 2002, they acquired a significant premise in Norwich, which was branded Angling Direct. Since 2002, the Company has continued to acquire or open new stores, taking the total number up to 45 retail stores. In 2015, the Company opened a 2,800 sq. metres central distribution centre in Rackheath, Norfolk, where the Company's head office is also located. In March 2022, Angling Direct opened a 3,940 square metre distribution centre in Venlo, Netherlands to service its established, and rapidly growing, presence in Europe with native language websites set up in key regions to address demand.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

  1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Chris Keen

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Angling Direct plc

b)

LEI

213800WAVVOPS85N2205

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 1 pence each

 

 

GB00BF1XGQ00

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

Price

Volume

 29.13 pence

1,500 Ordinary Shares

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A - single transaction

e)

Date of the transaction

31 October 2022

f)

Place of the transaction

London Stock Exchange

 

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