Transaction in Own Shares

RNS Number : 2249A

Shoe Zone PLC

22 September 2022

 

 22 September 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 21 September 2022 , it purchased 35,502 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 21 September 2022 Number of ordinary shares purchased 35,502 Highest price paid per ordinary share 187.5 pence Lowest price paid per ordinary share 186 pence Volume weighted average price paid per ordinary share 187.0775 pence

Shoe Zone also announces, further to the Share Buyback Programme announcement on 2 September 2022, the cancellation of 500,000 ordinary shares held in treasury is now effective (the "Cancellation").   

Following the Transaction and Cancellation, the issued share capital of the Company stands at 49,500,000 and the Company now holds 145,677 shares in treasury. The total voting rights in the Company is now 49,354,323 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:	21 September 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
35,502	187.0775	London Stock Exchange

Individual transactions:

10,502	187.50 pence	11:12 UK
15,000	187.50 pence	14:09 UK
10,000	186.00 pence	15:31 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

 

 

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