REG - Angling Direct PLC - Transaction in Own Shares

Angling DirectAnnouncement

23/12/2024 07:00

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RNS Number : 0047R  Angling Direct PLC  23 December 2024

Angling Direct PLC

('Angling Direct', the 'Company' or the 'Group')

 

Transaction in Own Shares

 

Further to the confirmation of its intention to implement a share buyback
programme, as set out in its announcement on 9 December 2024, the Company
announces that on 20 December 2024 it purchased a total of 40,000 of its
ordinary shares at a price of 38.5 pence per share through Singer Capital
Markets. The ordinary shares purchased will be held in treasury.

 

Aggregated information

 

 Date of purchase                     20 December 2024
 Number of ordinary shares purchased  40,000
 Highest price paid per share         38.5p
 Lowest price paid per share          38.5p
 Volume weighted average price paid   38.5p

 

Transaction details

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation) (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018), a detailed breakdown of individual
trades is available below:

 

 Number of ordinary shares purchased  Transaction price (GBX)  Time of transaction  Trading venue
 40,000                               38.5                     15:42:34             AIMX

 

Total voting rights

 

The Company's total issued share capital consists of 77,267,304 ordinary
shares of 1 penny each ("Ordinary Shares"), of which 723,000 shares are held
in treasury, therefore, the total number of Ordinary Shares carrying voting
rights is 76,544,304. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

 

 Angling Direct PLC                          +44 (0) 1603 258 658
 Steven Crowe, Chief Executive Officer

 Sam Copeman, Chief Financial Officer

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

 Tom Salvesen

Alex Bond

 James Todd

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

Matthew Young
 Hannah Butler

 

About Angling Direct

Angling Direct is the leading omni-channel specialist fishing tackle retailer
in the UK, with an established and growing presence in Europe. Headquartered
in Norfolk UK, the Company sells fishing tackle products and related equipment
through its network of in excess of 50 UK retail stores, as well as through
its leading digital platform (www.anglingdirect.co.uk
(https://eu-west-1.protection.sophos.com?d=anglingdirect.co.uk&u=aHR0cDovL3d3dy5hbmdsaW5nZGlyZWN0LmNvLnVrLw==&i=NWZmMzFiMDlmNTYxZTYwZGYyODQyMzUz&t=K2FWYTRxeDV6cWRxd2I5dVpOODk5dnFObVU2U2p5WElLNndSM01SaStUcz0=&h=704002e0ebe140b99f9f3842770cb87e&s=AVNPUEhUT0NFTkNSWVBUSVapg934Yb5nAolTQ9o0CeldsCYWuT9YetF_pLFbutVHOzk4kq9BEj_vGoYOcSbmh2Q)
) and the MyAD Fishing Club app. The Company has three further native language
websites in its key European territories (www.anglingdirect.de,
(https://eu-west-1.protection.sophos.com?d=anglingdirect.de&u=d3d3LmFuZ2xpbmdkaXJlY3QuZGU=&i=NWZmMzFiMDlmNTYxZTYwZGYyODQyMzUz&t=VVRndGRoM1kvaFpNWnRpMzZ0M3NsT2I1NFdGTEp6ZllkYnFBaFFZb2FNWT0=&h=704002e0ebe140b99f9f3842770cb87e&s=AVNPUEhUT0NFTkNSWVBUSVapg934Yb5nAolTQ9o0CeldsCYWuT9YetF_pLFbutVHOzk4kq9BEj_vGoYOcSbmh2Q)
.fr, .nl), with orders fulfilled by its international distribution centre in
The Netherlands.

 

Angling Direct's purpose is to inspire everyone to get out and enjoy an
exceptional fishing experience, regardless of background or ability, in the
great outdoors. Angling Direct's active digital channels and over 500
colleagues contribute to the Company's ethos of care for the wider community
and the environment (www.anglingdirect.co.uk/sustainability
(https://eu-west-1.protection.sophos.com?d=anglingdirect.co.uk&u=aHR0cDovL3d3dy5hbmdsaW5nZGlyZWN0LmNvLnVrL3N1c3RhaW5hYmlsaXR5&i=NWZmMzFiMDlmNTYxZTYwZGYyODQyMzUz&t=a25La0pYblhuR0diWS9OWVhUTEJtSjRiNmhCdktRWnNiUG9ibXlUMjNuTT0=&h=704002e0ebe140b99f9f3842770cb87e&s=AVNPUEhUT0NFTkNSWVBUSVapg934Yb5nAolTQ9o0CeldsCYWuT9YetF_pLFbutVHOzk4kq9BEj_vGoYOcSbmh2Q)
). Angling Direct currently sells over 25,000 fishing tackle products from
industry leading brands alongside its own brands 'Advanta', and entry level
offering 'Discover'.

 

 

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