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Director dealings: Angling Direct chairman lowers stake

(Sharecast News) - Angling Direct revealed on Monday that chairman Martyn Page had disposed of 400,000 ordinary shares in the AIM-listed fishing tackle and equipment retailer. Page, who founded Angling Direct in 1986, sold the shares on Friday at an average price of 38.0p each, for a total value of £152,000.

Following the sale, Page holds a beneficial interest in 10.61m ordinary Angling Direct shares, representing approximately 14.2% of the company's issued share capital.

As of 1620 GMT, Angling Direct shares were down 0.34% at 38.37p.

Reporting by Iain Gilbert at Sharecast.com

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Harbour Energy (HBR) Director name: Cook,Linda Amount purchased: 50,000 @ 189.23p Value: £94,614.90

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Top Director Sells

Angling Direct (ANG) Director name: Page,Martyn Graham Amount sold: 400,000 @ 38.00p Value: £152,000.00

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 82,200 @ 32.50p Value: £26,715.00

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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