Angling Direct PLC Statement Regarding Media Speculation (8867Q)
February 22 2019 - 5:04AM
UK Regulatory
TIDMANG
RNS Number : 8867Q
Angling Direct PLC
22 February 2019
22 February 2019
Angling Direct plc
("Angling Direct" or the "Company")
Statement Regarding Media Speculation
Angling Direct plc (AIM: ANG.L), the largest specialist fishing
tackle and equipment retailer in the UK, notes the recent
speculation regarding the potential acquisition of Chapmans Angling
Ltd. The Company confirms that it is in advanced negotiations
regarding a potential acquisition of Chapmans Angling Ltd. There
can be no certainty that a transaction will be concluded and a
further announcement, as appropriate, will be made in due
course.
The information contained in this announcement is deemed to
constitute inside information under the Market Abuse Regulations
(EU) No. 596/2014.
For further information:
Angling Direct PLC +44 (0) 1603 258658
Martyn Page, Executive Chairman
Darren Bailey, Chief Executive
Officer
Cenkos Securities - NOMAD and Broker
Stephen Keys (Corporate Finance)
Russell Kerr (Sales) +44 (0) 207 3978926
Yellow Jersey PR - Financial PR
Charles Goodwin +44 (0) 7747 788 221
Harriet Jackson
Annabel Atkins +44 (0) 7544 275 882
Notes for editors
About Angling Direct plc
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 website
(www.anglingdirect.co.uk) 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 2003 the Company's Founders acquired interests in a
number of small independent fishing tackle shops in Norfolk and, in
2003, they acquired a significant premises in Norwich, which was
branded Angling Direct. Since 2003, the Company has continued to
acquire or open new stores, taking the total number up to 24 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.
Angling Direct's shares are traded on the AIM market of the
London Stock Exchange under the ticker symbol ANG.L.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
SPCBBGDDGGDBGCD
(END) Dow Jones Newswires
February 22, 2019 06:04 ET (11:04 GMT)
Angling Direct (LSE:ANG)
Historical Stock Chart
From Apr 2024 to May 2024
Angling Direct (LSE:ANG)
Historical Stock Chart
From May 2023 to May 2024