TR-1: Standard form for notification of major holdings 29th November 2019

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS​​(to be sent to the relevant issuer ​and​to the FCA in Microsoft Word format if possible)​i

1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are			Angling Direct plc
ii
attached​:
1b. Please indicate if the issuer is a non-UK issuer	​(please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification ​(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
	iii​
Other (please specify)​:
			iv
3. Details of person subject to the notification obligation​
Name			Gresham House Asset Management Ltd
City and country of registered office (if applicable)	London, UK
		v
4. Full name of shareholder(s)​(if different from 3.)​
Name			LF Gresham House UK Micro Cap Fund - 8.23%
City and country of registered office (if applicable)	London, UK
5. Date on which the threshold was crossed or	25/11/2019
vi
reached​:
6. Date on which issuer notified (DD/MM/YYYY):	27/11/2019
7. Total positions of person(s) subject to the notification obligation
	% of voting rights	% of voting rights			Total number of
	through financial		Total of both in %
	attached to shares		voting rights of
	instruments		(8.A + 8.B)
	(total of 8. A)		vii
	(total of 8.B 1 + 8.B 2)
			issuer​
Resulting situation
on the date on which	8.23%	N/A			8.23%	64,621,993
threshold was
crossed or reached
Position of previous
notification (if
applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached​viii

A: Voting rights attached to shares

1

Class/type of				ix		% of voting rights
shares	Number of voting rights​
Direct		Indirect		Direct	Indirect
ISIN code (if possible)
(Art 9 of Directive	(Art 10 of Directive		(Art 9 of Directive	(Art 10 of Directive
	2004/109/EC) (DTR5.1)	2004/109/EC)		2004/109/EC) (DTR5.1)	2004/109/EC)
				(DTR5.2.1)			(DTR5.2.1)
GB00BF1XGQ00				5,318,000			8.23%
SUBTOTAL 8. A			5,318,000		8.23%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
					Number of voting rights
Type of financial	Expiration		Exercise/	that may be acquired if	% of voting rights
instrument	x			xi	the instrument is
date​		Conversion Period​
					exercised/converted.
			SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of	Expiration	Exercise/	Physical or	Number of
financial	Conversion	cash	% of voting rights
x	voting rights
instrument	date​	xi	xii
	Period ​	settlement​

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation ​(please mark the applicable box with an "X")

2

Person subject to the notification obligation is not controlled by any natural person or legal entity and does	X
xiii
not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer​

Full​chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entity​xiv (please add additional rows as necessary)

	% of voting rights if it	% of voting rights	Total of both if it
	through financial
Name​	equals or is higher	equals or is higher
instruments if it equals
than the notifiable	than the notifiable
xv
	threshold	or is higher than the	threshold
	notifiable threshold

10. ​In case of proxy voting, please identify:

Name of the proxy holder	Gresham House Asset Management Ltd
The number and % of voting rights held	N/A
The date until which the voting rights will be held	N/A

11. Additional information​xvi

Place of completion	Gresham House Asset Management Ltd
Date of completion	27/11/2019

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