REG - Angling Direct PLC - Directorate Change

Angling DirectAnnouncement

17/05/2022 07:15

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RNS Number : 6843L  Angling Direct PLC  17 May 2022

17 May 2022

Angling Direct plc

("Angling Direct" or the "Company")

 

Board Change

 

Angling Direct plc (AIM: ANG), the leading omni-channel specialist fishing
tackle and equipment retailer, announces that Dilys Maltby, Independent
Non-Executive Director, has informed the Company of her intention to step down
from the Board and the Audit Committee at the conclusion of the 2022 Annual
General Meeting to be held in due course. The Board flags its intention to
appoint a further Independent Non-Executive Director as Dilys's replacement.

 

Martyn Page, Non-executive Chairman, commented:

"I would like to thank Dilys for her contribution to the Company since joining
the Board in February 2020. We have appreciated her wise counsel and input
throughout and wish her all the best in her future endeavours."

 

Dilys Maltby, Non-executive Director, commented:

"I have enjoyed my time on the Board of Angling Direct and the opportunity to
work with Andy and the team. Much has been achieved through the pandemic, and
I look forward to following the company's progress both here in the UK and
internationally."

 

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 (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 January 2022 Angling Direct acquired an
additional 3,900 sq. metres 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.

 

 

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