Transaction in Own Shares

RNS Number : 2388C

Shoe Zone PLC

10 October 2022

 

10 October 2022
Shoe Zone plc
("Shoe Zone" or the "Company")
Transaction in Own Shares
Shoe Zone plc (AIM: SHOE) announces that on 7 October 2022 it purchased 25,000 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		7 October 2022
Number of ordinary shares purchased		25,000
Highest price paid per ordinary share		170 pence
Lowest price paid per ordinary share		170 pence
Volume weighted average price paid per ordinary share		170 pence
Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 490,813 shares in treasury. The total voting rights in the Company is now 49,009,187 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:	7 October 2022
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
25,000	170	London Stock Exchange
Individual transactions:
25,000	170.00 pence	08:06 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)

 

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