Transaction in Own Shares

RNS Number : 8359C

Shoe Zone PLC

03 October 2018

 

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in own shares and TVR

Shoe Zone announces that, pursuant to the share buy-back programme being conducted, as announced on 20 September 2018, on 2 October September 2018, the Company purchased 6145 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 173.25 pence ("Buy-back Shares") by finnCap Ltd (acting as the Company's broker) (the "Transaction").

Total Voting Rights

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000. The total voting rights in the Company is now 49,992,723 with 7277 Ordinary Shares held in Treasury. The figure of 49,992,723 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by finnCap on behalf of the Group.

Schedule 1: Summary of buy-back transactions

Date of purchase	2 October 2018
Number of Ordinary Shares purchased	6145
Highest price paid per share (pence)	173.25
Lowest price paid per share (pence)	173.25
The average price paid per share (pence)	173.25

Schedule 2: Details of buy-back transactions

Time (hh:mm - GMT)	Number of Ordinary Shares purchased	Transaction price (pence per share)
10.29	882	173.25
13.44	5,263	173.25

For further information, please call:

Shoe Zone plc Nick Davis (CEO) Jonathan Fearn (CFO)	Tel: via FTI Consulting
Finncap (Nominated Adviser and Broker) Matt Goode/ Carl Homes / Hannah Boros (Corporate Finance) Alice Lane (ECM)	Tel: [phone]
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley Eleanor Purdon Charlotte Cobb

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

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