Angling Direct PLC Cyber security incident update (2803S)
13 November 2021 - 2:30AM
UK Regulatory
TIDMANG
RNS Number : 2803S
Angling Direct PLC
12 November 2021
12 November 2021
Angling Direct PLC
("Angling Direct" or the "Company")
Cyber security incident update
Further to the announcements on 8 and 10 November 2021 regarding
Angling Direct's cyber security incident, the Board is pleased to
announce that, following significant testing and further
reassurance from our third-party security advisers, the Company's
websites are safely back online and trading in the normal course,
taking orders and payments. The distribution team is currently
working through the delivery backlog in the warehouse to ensure
customers receive their orders as quickly as possible.
As matters currently stand and as previously stated, the Board
remains of the view that this incident will not have a detrimental
impact on underlying trading. The Company will continue to assess
any cost exposure that this incident may create and is working
closely with its insurers as appropriate.
Investigations are continuing by our third-party security
advisers to determine whether this incident has had an impact on
any personal data and the Company will inform any individuals
impacted in line with our regulatory obligations, should there be a
need to do so. The Company will provide further updates as
appropriate.
Andy Torrance, CEO of Angling Direct, said:
"I would once again like to apologise to our customers for any
disruption that has been caused and thank them for their continued
patience and for bearing with us as we continue to work through the
order backlog. On behalf of the Board, I would also like to take
this opportunity to thank the Angling Direct team who have worked
tirelessly since the sophisticated cyber incident was first
detected on 5 November."
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
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END
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