Fishing Republic Regulatory News (FISH)

27 February 2017

AIM: FISH

Fishing Republic plc

("Fishing Republic" or "the Company")

Board Appointment

Fishing Republic, the fishing tackle retailer, is pleased to announce the appointment of Iain McDonald as a Non-Executive Director with effect from 1 March 2017.

Iain has over 20 years' experience in investment, in particular in the retail and e-commerce sectors. Over the last 10 years, he has been investing directly into the online and technology sectors and a number of Iain's long-term investments have been into the most successful e-commerce businesses in Europe. These include The Hut Group Limited, ASOS plc, Boohoo.com plc, MetaPack Limited and Anatwine Limited. 

Iain previously worked in investment banking at Numis Securities and ING Barings-Charterhouse, where he specialised in retail and e-commerce companies.

Iain holds 0.8% of the Company's shares having invested alongside Bill Currie and Sir Terry Leahy in the placing announced on 27 June 2016.

James Newman, Chairman of Fishing Republic, commented:

"I am delighted welcome Iain to the Board of Fishing Republic. He brings with him a wealth of experience in both the retail and e-commerce sectors, which will be very valuable to the Company as we continue to implement our growth strategy." 

Further information on Iain McDonald

Iain McDonald, aged 45, is currently a Director of the following companies:

· Anatwine Limited

· CentralNic Group plc

· Gilda & Pearl Limited

· Houseology Design Group limited

· MySale Group plc

· The Hut Group Limited

In the past five years, he has been a Director of the following companies:

· Belerion Capital Limited

· Belvedere Energy Investments Limited

· Belvedere Schools Limited

· Infusion 2002 Limited

Iain McDonald was a Non-Executive Director of Maison Seven Limited (trading as Atterley.com) which was placed into administration on 5 January 2016 and moved into creditors' voluntary liquidation on 13 December 2016. The liquidation process is ongoing.

Mr McDonald currently holds 300,000 ordinary shares in the Company.

The Company confirms that there is no other information which is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

Enquiries:

About Fishing Republic plc

www.fishingrepublic.net

Fishing Republic is one of the largest fishing tackle retailers in the UK. Established in 1985, the Company caters for all types of anglers: coarse, carp, game and sea fishing. It operates a chain of 'destination' retail outlets and has an online presence through its own websites (www.fishingrepublic.net and www.yorkshiregameangling.co.uk) and through third party online retailers.