Transaction in Own Shares

RNS Number : 5390W
Shoe Zone PLC
19 August 2022
 

19 August 2022

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

 

Shoe Zone plc (AIM: SHOE) announces that on 18 August 2022 , it purchased 64,590 ordinary shares of £0.01 each in the Company, pursuant to the share buyback programme (the "Buyback Programme") that was announced on 29 July 2022 as follows (together the "Transaction"):

 

Date of purchase

18 August 2022

Number of ordinary shares purchased

64,590

Highest price paid per ordinary share

188 pence

Lowest price paid per ordinary share

186 pence

Volume weighted average price paid per ordinary share

186.7741 pence

 

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 331,729 shares in treasury. The total voting rights in the Company is now 49,668,271 which 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, Shoe Zone under the FCA's Disclosure Guidance and Transparency Rules.

 

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme .

 

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Shoe Zone, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:

 

 

Schedule of Purchases: 

Shares purchased: 

Shoe Zone plc (ISIN: GB00BLTVCF91 )

Date of purchases: 

18 August 2022

 

 

Aggregate information:

 

Aggregated Volume

Volume-weighted average price (pence)

Venue

64,590

186.7741

London Stock Exchange

 

 

 

Individual transactions:


25,000

188.00 pence

 08:07 UK

39,590

186.00 pence

 09:40 UK




 



For further information please contact:

 

Shoe Zone PLC                                                                             Tel: +44 (0) 116 222 3000

Anthony Smith (Chief Executive)

Terry Boot (Finance Director) 

 

Zeus (Nominated Adviser and Broker)                                                  Tel: +44 (0) 203 829 5000

David Foreman, James Hornigold, Guy Brinkley (Investment Banking)

Dominic King (Corporate Broking)

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSGPUGWRUPPGBR

Companies

Shoe Zone (SHOE)
UK 100