Transaction in Own Shares

RNS Number : 2555E

Shoe Zone PLC

27 October 2022

 

27 October 2022
Shoe Zone plc
("Shoe Zone" or the "Company")
Transaction in Own Shares
Shoe Zone plc (AIM: SHOE) announces that on 26 October 2022 it purchased 8,000 ordinary shares of £0.01 each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 2 September 2022, as follows (together the "Transaction"):
Date of purchase		26 October 2022
Number of ordinary shares purchased		8,000
Highest price paid per ordinary share		180 pence
Lowest price paid per ordinary share		180 pence
Volume weighted average price paid per ordinary share		180 pence
Shoe Zone also announces the cancellation of 500,000 ordinary shares held in treasury, effective as of today (the "Cancellation").
Following the Transaction and the Cancellation, the issued share capital of the Company stands at 49,000,000 and the Company now holds 118,503 shares in treasury. The total voting rights in the Company is now 48,881,497 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:	26 October 2022
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
8,000	180	London Stock Exchange
Individual transactions:
4,000	180p	14:00 UK
3,000	180p	14:00 UK
1,000	180p	14:00 UK
Shoe Zone PLC		Tel: [phone]
Anthony Smith (Chief Executive)
Terry Boot (Finance Director)
Zeus (Nominated Adviser and Broker)		Tel: [phone]
David Foreman, James Hornigold, Ed Beddows (Investment Banking)
Dominic King (Corporate Broking)

 

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