REG - Angling Direct PLC - Cyber security incident update

Angling DirectAnnouncement

12/11/2021 15:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211112:nRSL2803Sa&default-theme=true

RNS Number : 2803S  Angling Direct PLC  12 November 2021

12 November 2021

 

Angling Direct PLC

("Angling Direct" or the "Company")

 

Cyber security incident update

 

Further to the announcements on 8 and 10 November 2021 regarding Angling
Direct's cyber security incident, the Board is pleased to announce that,
following significant testing and further reassurance from our third-party
security advisers, the Company's websites are safely back online and trading
in the normal course, taking orders and payments. The distribution team is
currently working through the delivery backlog in the warehouse to ensure
customers receive their orders as quickly as possible.

 

As matters currently stand and as previously stated, the Board remains of the
view that this incident will not have a detrimental impact on underlying
trading. The Company will continue to assess any cost exposure that this
incident may create and is working closely with its insurers as appropriate.

 

Investigations are continuing by our third-party security advisers to
determine whether this incident has had an impact on any personal data and
the Company will inform any individuals impacted in line with our regulatory
obligations, should there be a need to do so. The Company will provide further
updates as appropriate.

 

Andy Torrance, CEO of Angling Direct, said:

"I would once again like to apologise to our customers for any disruption that
has been caused and thank them for their continued patience and for bearing
with us as we continue to work through the order backlog. On behalf of the
Board, I would also like to take this opportunity to thank the Angling Direct
team who have worked tirelessly since the sophisticated cyber incident was
first detected on 5 November."

 

 

For further information please contact:

 

 Angling Direct PLC                         via FTI Consulting
 Andy Torrance, Chief Executive Officer

 Steven Crowe, Chief Financial Officer

 Singer Capital Markets - NOMAD and Broker  +44 (0) 20 7496 3000
 Peter Steel (Corporate Finance)

 Alex Bond (Corporate Finance)

 Tom Salvesen (Corporate Broking)

 FTI Consulting - Financial PR              +44 (0) 20 3727 1000
 Alex Beagley                               anglingdirect@fticonsulting.com (mailto:anglingdirect@fticonsulting.com)

 Alice Newlyn

 Sam Macpherson

 

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under the UK version of article 7 of the
Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGPGCPGUPGGAP