Angling Direct PLC (ANG), the UK's leading omni-channel specialist fishing tackle retailer, has announced the purchase of 160,000 of its own ordinary shares at 54 pence per share on 5 November 2026, executed through Singer Capital Markets. The transaction forms part of the Company's share buyback programme, which was extended following a confirmation of intent announced on 10 December 2025. The purchased shares will be held in treasury, reducing the number of shares carrying voting rights to 65,931,304.

Key Points

  • Angling Direct PLC (ANG) — leading UK omni-channel fishing tackle retailer headquartered in Norfolk
  • The Company purchased 160,000 ordinary shares at a uniform price of 54.0 pence per share on 5 November 2026
  • Shares will be held in treasury; total voting shares now stand at 65,931,304 out of 77,267,304 issued
  • Investors should watch for further buyback activity under the extended programme announced in December 2025

Angling Direct Executes 160,000-Share Purchase at 54p Through Singer Capital Markets

The announcement states that Angling Direct completed two equal tranches of 80,000 shares each on 5 November 2026, both transacted at 54.0 pence per share on the AIMX trading venue. The first trade was executed at 11:14:25 and the second at 15:49:12, resulting in a volume weighted average price, highest price, and lowest price all recorded uniformly at 54.0 pence. Singer Capital Markets, which also serves as the Company's nominated adviser and broker, facilitated the transactions in accordance with the Company's buyback programme.

Treasury Share Position and Updated Voting Rights Denominator for ANG Shareholders

Following the purchase, Angling Direct's total issued share capital remains 77,267,304 ordinary shares of one penny each. With the latest acquisition, 11,336,000 shares are now held in treasury and do not carry voting rights. This leaves 65,931,304 ordinary shares with active voting rights. The Company has stated that shareholders should use this figure as the denominator when calculating whether they are required to notify a change in their interest under the FCA's Disclosure Guidance and Transparency Rules.

Extended Share Buyback Programme Linked to December 2025 Announcement

The buyback activity disclosed on 5 November 2026 follows the Company's earlier announcement on 10 December 2025, in which Angling Direct confirmed its intention to extend its share buyback programme. The Company did not disclose the total value or remaining size of the extended buyback programme in this announcement. Investors may be watching for subsequent transaction disclosures to gauge the programme's pace and overall scale, particularly in the context of Angling Direct's ongoing retail and digital expansion across its approximately 60 UK stores and European operations.

Angling Direct's Retail and European Footprint Provides Context for Capital Returns

Angling Direct operates as the UK's leading specialist fishing tackle retailer, selling over 25,000 products through its store network, its digital platform, and the MyAD Fishing Club app. The Company also runs three native-language European websites — in Germany, France, and the Netherlands — supported by an international distribution centre in the Netherlands. Own brands include 'Advanta' and entry-level range 'Discover'. The buyback programme signals the Board's intent to return capital while the business continues its omni-channel growth strategy.