TIDMANG

RNS Number : 6270R

Angling Direct PLC

08 November 2021

8 November 2021

Angling Direct PLC

Notice of a cyber security incident

Angling Direct PLC ("Angling Direct" or the "Company"), the leading retailer of fishing tackle products and equipment, announces that it is currently managing a cyber security incident after detecting unauthorised activity on its network late on Friday 5 November 2021. This unauthorised activity shut down the Company's websites and these remain inactive. Some of the Company's social media accounts have also been compromised. The Board has appointed external cyber security specialists whose investigations are underway to establish what happened. Work continues round the clock to bring the websites back online while our 39 retail stores across the UK have remained open and continue to trade.

As a precaution, the Company has notified the relevant regulators and law enforcement agencies, including the Information Commissioner's Office in the UK. We are mindful of our obligations regarding data; it is too soon yet to make any determination around the impact this incident has had on personal data, but we will inform any individuals in line with our regulatory obligations should there be a need to do so. Importantly, the Company does not hold any customer financial data as our website transactions are handled by third parties.

As matters currently stand, the Board does not anticipate that this incident will have a detrimental impact on underlying trading and the Company will continue to assess any cost exposure that this incident may create. The Board will provide a further update as and when appropriate and apologises for any disruption that has been caused to customers by this incident.

For further information please contact:

 
 Angling Direct PLC                        via FTI Consulting 
 Andy Torrance, Chief Executive 
  Officer 
  Steven Crowe, Chief Financial Officer 
 Singer Capital Markets - NOMAD 
  and Broker                               +44 (0) 20 7496 3000 
 Peter Steel (Corporate Finance) 
  Alex Bond (Corporate Finance) 
  Tom Salvesen (Corporate Broking) 
 FTI Consulting - Financial PR             +44 (0) 20 3727 1000 
 Alex Beagley                              anglingdirect@fticonsulting.com 
  Alice Newlyn 
  Sam Macpherson

This announcement contains information which, prior to its disclosure, was inside information as stipulated under the UK version of article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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END

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November 08, 2021 02:00 ET (07:00 GMT)

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