Angling Direct PLC (ANG), the UK's leading omni-channel fishing tackle retailer, has announced the purchase of 200,000 of its own ordinary shares at 54 pence per share on 6 November 2026, executed through Singer Capital Markets. The transaction forms part of the Company's extended share buyback programme, which was first confirmed in an announcement on 10 December 2025. The purchased shares will be held in treasury, reducing the number of ordinary shares carrying voting rights to 65,731,304.

Key Points

  • Angling Direct PLC (ANG) — UK specialist fishing tackle retailer headquartered in Norfolk
  • The Company purchased 200,000 ordinary shares at a uniform price of 54 pence per share on 6 November 2026
  • Shares were acquired via two trades on the AIMX venue; all purchased shares will be held in treasury
  • Investors should monitor further buyback disclosures as the extended programme continues

Angling Direct Executes 200,000-Share Treasury Purchase at Fixed 54p Price

The announcement confirms that Angling Direct completed the buyback in two separate trades on 6 November 2026, both executed on the AIMX trading venue. The first trade involved 120,000 shares at 54.0 pence at 14:50:38, and the second covered 80,000 shares at 54.0 pence at 15:50:24. The highest, lowest, and volume weighted average price paid per share were all recorded at 54.0 pence, indicating a single consistent price was achieved across both transactions. Singer Capital Markets, which serves as the Company's nominated adviser and broker, facilitated the purchases.

Treasury Holdings and Updated Voting Rights Denominator for Angling Direct Shareholders

Following this transaction, Angling Direct's total issued share capital remains 77,267,304 ordinary shares of one penny each. With 11,536,000 shares now held in treasury — including those purchased in this latest transaction — the total number of ordinary shares carrying voting rights stands at 65,731,304. The company has confirmed this figure should be used by shareholders as the denominator when calculating whether they are required to notify interests or changes in interests under the FCA's Disclosure Guidance and Transparency Rules.

Buyback Programme Extends Amid Angling Direct's Omni-Channel Retail and European Expansion

Angling Direct operates approximately 60 UK retail stores alongside its digital platform and the MyAD Fishing Club app. The company also runs three native-language websites serving European markets in Germany, France, and the Netherlands, with orders fulfilled from an international distribution centre in the Netherlands. The retailer stocks over 25,000 fishing tackle products from leading brands, as well as its own labels, Advanta and Discover. The buyback programme, originally extended in December 2025, reflects the Board's ongoing capital allocation decisions within this specialist retail and e-commerce business.

Regulatory Basis for the Angling Direct Share Buyback Disclosure

The transaction has been disclosed in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, the Market Abuse Regulation, which forms part of domestic UK law under the European Union (Withdrawal) Act 2018. Investors may be watching for further buyback updates as the programme progresses, particularly given the volume of shares already held in treasury relative to the Company's total issued share capital.