Last checked at 21 Oct 2020 14:54
Angling Direct plc
("Angling Direct" or the "Company")
Director/PDMR Dealing
Angling Direct plc (AIM: ANG), the largest specialist fishing tackle and equipment retailer in the UK, announces that on 16 October 2020, certain of the Company's Persons Discharging Managerial Responsibility ("PDMRs") sold ordinary shares of 1 penny each ("Ordinary Shares") at a price of 61.25 pence per share. Further details of the Ordinary Shares sold by each PDMR and their resultant respective interests in the Company's issued share capital are set out in the table below:
Director/PDMR | Number of Ordinary Shares sold | Resultant number of Ordinary Shares held | % interest in the Company's issued share capital |
Darren Ian Bailey | 100,000 | 3,088,125 | 4.0% |
Keith William Easton | 100,000 | 260,312 | 0.34% |
Stewart John Downing | 100,000 | 263,312 | 0.34% |
Wouter Gisjbert Putman | 100,000 | 260,312 | 0.34% |
For further information please contact:
Angling Direct PLC | +44 (0) 1603 258658 |
Martyn Page, Executive ChairmanAndy Torrance, Chief Executive OfficerSteven Crowe, Chief Financial Officer | |
N+1 Singer - NOMAD and Broker | |
Peter Steel, Alex Bond (Corporate Finance)Tom Salvesen (Corporate Broking) | +44 (0) 20 7496 3000 |
Yellow Jersey PR - Financial PR | +44 (0) 203 004 9512 |
Charles GoodwinGeorgia ColkinAnnabel Atkins | +44 (0) 7747 788 221+44 (0) 7825 916 715 |
About Angling Direct
Angling Direct is the largest specialist fishing tackle retailer in the UK. The Company sells fishing tackle products and related equipment through its network of retail stores, located throughout the UK as well as through its own websites (www.anglingdirect.co.uk, .de, .fr and .nl) and other third-party websites.
The Company currently sells over 21,500 fishing tackle products, including capital items, consumables, luggage and clothing. The Company 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 36 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. The Company 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 | Darren Ian Bailey | |
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
Identification code
| Ordinary shares of 1 pence each
GB00BF1XGQ00 | |
b) | Nature of the transaction | Sale of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price | Volume |
£0.6125 | 100,000 | ||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A - single transaction | |
e) | Date of the transaction | 16 October 2020 | |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |
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 | Keith William Easton | |
2 | Reason for the notification | ||
a) | Position/status | Financial Controller | |
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
Identification code
| Ordinary shares of 1 pence each
GB00BF1XGQ00 | |
b) | Nature of the transaction | Sale of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price | Volume |
£0.6125 | 100,000 | ||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A - single transaction | |
e) | Date of the transaction | 16 October 2020 | |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |
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 | Stewart John Downing | |
2 | Reason for the notification | ||
a) | Position/status | Group Commercial Manager | |
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
Identification code
| Ordinary shares of 1 pence each
GB00BF1XGQ00 | |
b) | Nature of the transaction | Sale of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price | Volume |
£0.6125 | 100,000 | ||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A - single transaction | |
e) | Date of the transaction | 16 October 2020 | |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |
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 | Wouter Gisjbert Putman | |
2 | Reason for the notification | ||
a) | Position/status | Ecommerce and Operations Manager | |
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
Identification code
| Ordinary shares of 1 pence each
GB00BF1XGQ00 | |
b) | Nature of the transaction | Sale of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price | Volume |
£0.6125 | 100,000 | ||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A - single transaction | |
e) | Date of the transaction | 16 October 2020 | |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |