Angling Direct PLC (ANG), the UK's leading omni-channel fishing tackle retailer, has announced the purchase of 50,000 of its own ordinary shares at 54 pence per share on 12 November 2026, executed through Singer Capital Markets. The transaction forms part of the Company's extended share buyback programme, first confirmed in an announcement on 10 December 2025. The purchased shares will be held in treasury, reducing the number of shares carrying voting rights to 65,389,874.

Key Points

  • Angling Direct PLC (ANG) — UK-listed specialist fishing tackle retailer trading on AIM
  • The Company purchased 50,000 ordinary shares at a fixed price of 54.0p per share on 12 November 2026
  • Shares were acquired via a single transaction on AIMX at 16:22:45 through Singer Capital Markets and will be held in treasury
  • Investors should watch for further buyback tranches and any updates to total treasury share holdings

Angling Direct Executes Single-Price Treasury Purchase at 54p via Singer Capital Markets

The announcement confirms that all 50,000 shares were purchased at a uniform price of 54.0 pence, with the highest, lowest, and volume weighted average price each recorded identically at 54.0p. The transaction was conducted on the AIMX trading venue at 16:22:45 on 12 November 2026. Singer Capital Markets acted as broker for the trade, consistent with its role as the Company's nominated adviser and broker. The purchased shares will be held in treasury rather than cancelled, a structure that allows the Company to reissue them in future if required.

Treasury Holdings and Voting Rights Following the 12 November 2026 Buyback

Following this transaction, Angling Direct's total issued share capital remains at 77,267,304 ordinary shares of one penny each. Of these, 11,877,430 shares are now held in treasury, leaving 65,389,874 ordinary shares carrying full voting rights. The Company has disclosed this denominator figure in accordance with the FCA's Disclosure Guidance and Transparency Rules, enabling shareholders to assess whether changes to their holdings trigger notification obligations under those rules. Investors monitoring their percentage interests in Angling Direct should use the 65,389,874 figure for any relevant calculations.

Angling Direct's Omni-Channel Retail Model Across UK Stores and European Digital Platforms

Angling Direct operates approximately 60 UK retail stores alongside its primary digital platform and the MyAD Fishing Club app, with European sales supported by native-language websites for Germany, France, and the Netherlands, fulfilled from an international distribution centre in the Netherlands. The Company sells over 25,000 fishing tackle products spanning third-party brands and its own labels, Advanta and entry-level range Discover. Headquartered in Norfolk, Angling Direct employs over 500 colleagues and positions itself as the leading specialist in its category across both physical and digital retail channels.

Extended Buyback Programme Signals Ongoing Capital Management Strategy

This purchase represents a continuation of the buyback programme whose extension was communicated to the market on 10 December 2025. Share buyback programmes of this nature are typically deployed by companies seeking to return surplus capital to shareholders or manage dilution, though the specific strategic rationale behind Angling Direct's programme beyond the stated extension was not elaborated upon in this announcement. Investors may wish to monitor subsequent transaction-in-own-shares notices to track the cumulative scale and pace of the programme as it progresses.