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Angling Direct PLC purchased 40,000 of its ordinary shares on 26 February 2025 at a price of 39 pence per share through Singer Capital Markets. The purchased shares will be held in treasury. Following this transaction, the Company's total issued share capital is 77,267,304 ordinary shares, with 1,943,000 shares held in treasury, resulting in 75,324,304 total voting rights.
| Date | 27 Feb 2025 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 5989Y |
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 26 February 2025 it purchased a total of 40,000 of its ordinary shares at a price of 39 pence per share through Singer Capital Markets. The ordinary shares purchased will be held in treasury.
Aggregated information
|
Date of purchase |
26 February 2025 |
|
Number of ordinary shares purchased |
40,000 |
|
Highest price paid per share |
39p |
|
Lowest price paid per share |
39p |
|
Volume weighted average price paid |
39p |
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 |
39p |
08:16:49 |
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 1,943,000 shares are held in treasury, therefore, the total number of Ordinary Shares carrying voting rights is 75,324,304. 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 James Todd
|
|
|
FTI Consulting - Financial PR |
+44 (0) 20 3727 1000 |
|
Alex Beagley |
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) and the MyAD Fishing Club app. The Company has three further native language websites in its key European territories (www.anglingdirect.de, .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). Angling Direct currently sells over 25,000 fishing tackle products from industry leading brands alongside its own brands 'Advanta', and entry level offering 'Discover'.