REG - Angling Direct PLC - Director/PDMR Shareholding

Angling DirectAnnouncement

01/11/2022 11:00

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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  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

         29.13 pence                                                                              1,500 Ordinary Shares
 d)     Aggregated information                                       N/A - single transaction

        - Aggregated volume

        - Price

 e)     Date of the transaction                                      31 October 2022
 f)     Place of the transaction                                     London Stock Exchange

 

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