Director dealings: Angling Direct CEO makes share purchase
Angling Direct
36.83p
14:00 15/11/24
Angling Direct revealed on Wednesday that chief executive And Torrance had acquired 25,000 ordinary shares in the AIM-listed fishing tackle and equipment retailer.
FTSE AIM All-Share
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General Retailers
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Torrance, who was appointed to the role of CEO in February, purchased the shares at an average price of 85.25p each, for a total value of £21,312.50.
Also in February, Angling Direct said it had successfully maintained "positive sales momentum" in the year ended 31 January and now expects to report a 27% jump in full-year revenues.
Angling Direct said revenues were expected to climb to £67.6m from £53.2m, despite store closures due to the ongoing Covid-19 pandemic.
As of 1620 BST, Angling Direct shares were down 1.16% at 85.0p.
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