Transaction in Own Shares

RNS Number : 4497B

Shoe Zone PLC

03 October 2022

 

3 October 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 30 September 2022 , it purchased 32,500 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 30 September 2022 Number of ordinary shares purchased 32,500 Highest price paid per ordinary share 160 pence Lowest price paid per ordinary share 157.5 pence Volume weighted average price paid per ordinary share 158.2692 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 455,813 shares in treasury. The total voting rights in the Company is now 49,044,187 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:	30 September 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
32,500	158.2692	London Stock Exchange

Individual transactions:

10,000	160.00 pence	08:15 UK
10,000	157.50 pence	08:17 UK
12,500	157.50 pence	08:19 UK

For further information please contact:

Shoe Zone PLC    Tel: [phone]

Anthony Smith (Chief Executive)

Terry Boot (Finance Director) 

Zeus (Nominated Adviser and Broker)                                               Tel: [phone]

David Foreman, James Hornigold (Investment Banking)

Dominic King (Corporate Broking)

 

END

 

 

POSUPGMGUUPPGGP