Angling Direct PLC (ANG), the UK's leading omni-channel fishing tackle retailer, has announced the purchase of 150,000 of its own ordinary shares at 54 pence per share on 11 November 2026, executed through Singer Capital Markets. The transaction forms part of the Company's share buyback programme, the extension of which was confirmed in a separate announcement on 10 December 2025. The purchased shares will be held in treasury, reducing the number of shares carrying voting rights to 65,439,874.

Key Points

  • Angling Direct PLC (ANG) — UK-listed specialist fishing tackle retailer
  • The Company purchased 150,000 ordinary shares at a uniform price of 54.0 pence per share on 11 November 2026
  • Shares purchased through Singer Capital Markets across two trades on the AIMX venue; all shares to be held in treasury
  • Investors should watch for further buyback announcements and any updates to total treasury holdings

Angling Direct Executes 150,000-Share Purchase at 54p Through Singer Capital Markets

The announcement states that Angling Direct completed two separate trades on 11 November 2026, both executed on the AIMX trading venue. The first transaction, totalling 80,000 shares, was completed at 14:55:04, while a second block of 70,000 shares was purchased earlier at 09:29:04. Both trades were conducted at an identical price of 54.0 pence per share, resulting in a volume weighted average price of 54.0 pence. The highest and lowest prices paid per share were also recorded at 54.0 pence, confirming a single-price execution across the full 150,000-share volume.

Treasury Share Position and Revised Voting Rights Following the November 2026 Transaction

Following this transaction, Angling Direct's total issued share capital remains at 77,267,304 ordinary shares of 1 penny each. The announcement discloses that 11,827,430 shares are now held in treasury, which includes the shares acquired in this latest purchase. As a result, the total number of ordinary shares carrying voting rights stands at 65,439,874. The Company notes this figure should be used by shareholders as the denominator when calculating whether they are required to notify interests under the FCA's Disclosure Guidance and Transparency Rules.

Buyback Programme Linked to December 2025 Extension Announcement

Angling Direct confirms this purchase is made pursuant to its extended share buyback programme, the continuation of which was set out in a Company announcement dated 10 December 2025. Share buyback programmes are typically used by companies to return capital to shareholders and may signal management's confidence in the business. Investors may be watching the pace and scale of future purchases under the programme for further signals about the Board's capital allocation priorities. The Company did not disclose the total authorised size or remaining budget of the buyback programme in this announcement.

Angling Direct's Retail and Digital Footprint Across UK and Europe

Angling Direct operates approximately 60 UK retail stores alongside a digital platform and the MyAD Fishing Club app, selling over 25,000 fishing tackle products from leading brands as well as its own labels, Advanta and Discover. Headquartered in Norfolk, the Company has expanded into Europe through native-language websites for Germany, France, and the Netherlands, with international orders fulfilled from a distribution centre in the Netherlands. The business employs over 500 colleagues and positions itself as an omni-channel specialist serving anglers regardless of experience level.