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NEUTRAL

Angling Direct Announces Change in Major Shareholding

Why we think this is neutral

This appears to be a routine regulatory notification of a change in major shareholding, with no clear positive or negative implications for the company's performance or valuation.

Key Points

  • BGF Investment Management Limited has increased its stake in Angling Direct PLC from 14.657% to 15.005%
  • The change occurred on 06/02/2025 and was notified to the company on 07/02/2025
  • The shares are held indirectly through Pershing Securities Limited (via Pershing Nominees Limited)

Summary

The retailer announces a change in major shareholding, with no additional context provided.

Angling Direct PLC has announced that BGF Investment Management Limited (a/c BGF Investments LP) has increased its shareholding in the company from 14.657% to 15.005% of the total voting rights. This change occurred on 06/02/2025 and was notified to the company on 07/02/2025. The shares are held indirectly through Pershing Securities Limited (via Pershing Nominees Limited).

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