Last checked at 30 Jul 2020 12:34
Angling Direct plc
("Angling Direct" or the "Company")
Result of AGM
Angling Direct plc (AIM: ANG), the largest specialist fishing tackle and equipment retailer in the UK, announces that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.
The Company also confirms it will be announcing a trading update for the six months ending 31 July 2020 on 18 August 2020.
For further information please contact:
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Angling Direct PLC | +44 (0) 1603 258658 |
Martyn Page, Executive ChairmanAndy Torrance, Chief Executive OfficerSteven Crowe, Chief Financial Officer |
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N+1 Singer - NOMAD and Broker |
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Peter Steel, Alex Bond (Corporate Finance)Tom Salvesen (Corporate Broking) | +44 (0) 20 7496 3000 |
Yellow Jersey PR - Financial PR |
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Charles GoodwinGeorgia ColkinAnnabel Atkins | +44 (0) 7747 788 221+44 (0) 7825 916 715 |
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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.