Angling Direct PLC Initiates Share Buyback Programme

The latest update is out from Angling Direct Plc ( (GB:ANG) ).

Angling Direct PLC has executed a share buyback program by purchasing 500,000 of its ordinary shares at 37.5 pence each through Singer Capital Markets, with the shares held in treasury. This transaction reduces the number of shares with voting rights to 76,684,304, impacting shareholder calculations regarding interest notifications under the FCA’s Disclosure Guidance and Transparency Rules.

More about Angling Direct Plc

Angling Direct is the UK’s leading omni-channel specialist retailer of fishing tackle products, with a growing presence in Europe. Headquartered in Norfolk, the company operates over 50 retail stores in the UK, a prominent digital platform, and native language websites in Germany, France, and the Netherlands, supported by an international distribution center in the Netherlands. Angling Direct offers a wide range of over 25,000 products, including its own brands ‘Advanta’ and ‘Discover’, and focuses on promoting fishing experiences for all, while emphasizing community and environmental care.

YTD Price Performance: -9.30%

Average Trading Volume: 97,404

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.1M

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