Angling Direct PLC New Store Openings
30 October 2017 - 6:00PM
RNS Non-Regulatory
TIDMANG
Angling Direct PLC
30 October 2017
30 October 2017
Angling Direct plc
("Angling Direct" or the "Company")
New Store Openings
Angling Direct plc (AIM: ANG.L), the largest specialist fishing
tackle and equipment retailer in the UK, is pleased to announce
today the opening of a new store in Slough and the proposed opening
of a new store in Stoke, in December 2017. The two openings will
bring the total number of stores operated by the Company to 19,
with others following soon.
With both sites being leasehold and new build, the Slough store
occupies a 4,250 sq ft. display area, while the Stoke store
occupies a 4,500 sq ft. area. The opening of both stores will
create 12-15 full and part time positions. Both Slough and Stoke
are popular fishing areas, with strong angling communities, and the
opening of additional retail stores further strengthens Angling
Direct's presence across the UK.
Angling Direct's Chief Executive Officer, Darren Bailey,
commented:
"A significant amount of lake and river fishing takes place
within the surrounding areas of Slough and Stoke, and these latest
stores openings support the Company's strategy to roll out new
stores to service popular fishing destinations and angling
communities.
"As we seek to cater for all anglers across the UK with a new
and modern retail offering, we will continue to strategically
expand our geographical footprint as well as enhance our online
offering in terms of products, experience and education to help
drive angling recruitment."
For further information:
Angling Direct PLC +44 (0) 1603 258658
Martyn Page, Executive Chairman
Darren Bailey, Chief Executive
Officer
Cenkos Securities - NOMAD and
Broker +44 (0) 20 7397 8900
Bobbie Hilliam (Corporate Finance)
Russell Kerr (Sales)
Yellow Jersey PR - Financial PR
Charles Goodwin +44 (0) 7747 788 221
Harriet Jackson +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 18 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 up new stores, taking the total number up to 17
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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