Angling Direct PLC New Store Opening
June 17 2019 - 1:00AM
RNS Non-Regulatory
TIDMANG
Angling Direct PLC
17 June 2019
17 June 2019
Angling Direct plc
("Angling Direct" or the "Company")
New Store Opening
Angling Direct plc (AIM: ANG.L), the largest specialist fishing
tackle and equipment retailer in the UK, is pleased to announce
that it has opened its 28(th) store in the UK. The new store,
located in Sutton in Ashfield, Nottinghamshire, opened on Saturday
15(th) June.
The new store, which was previously occupied by Brantano, has a
4,500 sq ft. display area and is located just outside the main
town, with easy access via the A38 and other arterial roads.
Located in a popular fishing area, with a strong angling
community and a series of lake and river venues, the store is the
first fishing tackle "destination store" of its kind in Sutton in
Ashfield. As with all Angling Direct stores, it caters for a wide
range of angling disciplines, whilst also providing excellent
service from local and knowledgeable employees. The new store is
creating five full and three part-time positions.
Angling Direct's Chief Executive Officer, Darren Bailey,
commented:
"We are very excited to have opened our Sutton in Ashfield
store, which is situated in a very popular angling area that
includes a number of excellent local lakes, including A1 Pits,
Sapphire Lakes, Trent View and, of course, the great River
Trent.
"As we seek to cater for all anglers across the UK with a new
and modern retail offering, we are continuing to strategically
expand our store footprint, as well as enhance our online offering
in terms of products, experience and education in order to help
raise the profile of angling.
"While parts of the retail sector are experiencing difficulties,
we are delighted that our strategic focus on customer experience
and service has paid off and delivered a strong start to the year.
Additionally, our focus on carefully selecting the correct location
for each of our stores is driving our growth and brand value. We
look forward to updating the market on our further progress in due
course."
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) 203 0049512
Harriet Jackson
Annabel Atkins
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 28 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.
For further information, please visit
www.anglingdirect.co.uk
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END
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