Director/PDMR Shareholding
19/08/2022 13:19
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RNS Number : 6562W Angling Direct PLC 19 August 2022
19 August 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, has today purchased 14,375 ordinary shares
of 1 pence each in the Company ("Ordinary Shares") at a weighted average price
of 33.558 pence per Ordinary Share.
Following this purchase, Chris Keen, will have an interest in 23,975 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
(https://www.anglingdirect.co.uk/) .de, .fr and .nl) 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
(https://www.youtube.com/channel/UCOenrSpp_3DpdT14EBrPkWA) channel. The
Company currently sells over 20,000 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 42 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 Ordinary shares of 1 pence each
Identification code
GB00BF1XGQ00
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Price Volume
33.779 pence 2,900 Ordinary Shares
33.527 pence 7,775 Ordinary Shares
33.450 pence 3,700 Ordinary Shares
d) Aggregated information
- Aggregated volume - 14,375 Ordinary Shares
- Price - 33.558 pence per share
e) Date of the transaction 19 August 2022
f) Place of the transaction London Stock Exchange
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