Angling Direct PLC New Store Opening
03 September 2018 - 4:01PM
RNS Non-Regulatory
TIDMANG
Angling Direct PLC
03 September 2018
3 September 2018
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 its new store in Guildford opened on Saturday 1 September
2018. The new store brings the total number of stores operated by
the Company to 23.
The Guildford store is a leasehold, newly-built property and
occupies a 6,500 sq ft. display area. It is the first "destination
store" of this kind in the Guildford area and caters for all
disciplines of angling, whilst also providing excellent support
through the Company's local and knowledgeable staff. The new store,
which will create six full and part-time positions, is in a popular
fishing area, with strong angling communities and strengthens
Angling Direct's presence across the UK.
The planned opening for the Peterborough site is progressing
well, and is on track to open in the coming weeks.
Angling Direct's Chief Executive Officer, Darren Bailey,
commented:
"A significant amount of lake and river fishing takes place
within the surrounding areas of Guildford, and the latest store
opening supports our 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
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 +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 23 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 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
NRAKLLFBVKFZBBL
(END) Dow Jones Newswires
September 03, 2018 02:01 ET (06:01 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