Angling Direct PLC Director/PDMR Shareholding (3970Y)

TIDMANG

RNS Number : 3970Y

Angling Direct PLC

12 May 2021

12 May 2021

Angling Direct plc

("Angling Direct" or the "Company")

Director / PDMR Shareholding

Angling Direct plc (AIM: ANG), the leading omni-channel specialist fishing tackle and equipment retailer, has been informed that on 12 May 2021 Andy Torrance, Chief Executive Officer, purchased a total of 25,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a price of 85.25 pence per Ordinary Share.

Following this transaction, Andy Torrance holds 25,000 Ordinary Shares representing approximately 0.03% of the Company's issued share capital.

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

For further information please contact:

 
  Angling Direct plc                  [phone] 
 Martyn Page, Executive Chairman 
  Andy Torrance, Chief Executive 
  Officer 
  Steven Crowe, Chief Financial 
  Officer 
 N+1 Singer - NOMAD and Broker        [phone] 
 Peter Steel, Alex Bond (Corporate 
  Finance) 
  Tom Salvesen (Corporate Broking) 
 FTI Consulting - Financial PR        [phone] 
 Alex Beagley 
  James Styles 
  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 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 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 38 retail stores. In 2015, the Company opened a 30,000 sq. ft central distribution centre in Rackheath, Norfolk, where the Company's head office is also located. Angling Direct has an 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                         Andy Torrance 
     ---------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status              Chief Executive Officer 
     ---------------------------  ------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  ------------------------------------- 
 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           Ordinary shares of 1 pence each 
       financial instrument, 
       type of instrument 
                                    GB00BF1XGQ00 
       Identification code 
     ---------------------------  ------------------------------------- 
 b)   Nature of the transaction    Purchase of Ordinary Shares 
     ---------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price              Volume 
     ---------------------------  ------------  ----------------------- 
                                   85.25 pence   25,000 Ordinary Shares 
     ---------------------------  ------------  ----------------------- 
 d)   Aggregated information       N/A - single transaction 
 
       - Aggregated volume 
 
       - Price 
     ---------------------------  ------------------------------------- 
 e)   Date of the transaction      12 May 2021 
     ---------------------------  ------------------------------------- 
 f)   Place of the transaction     London Stock Exchange 
     ---------------------------  ------------------------------------- 
 

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May 12, 2021 06:29 ET (10:29 GMT)