Transaction in Own Shares

RNS Number : 3741V

Shoe Zone PLC

05 April 2023

 

5 April 2023
Shoe Zone plc
("Shoe Zone" or the "Company")
Transaction in Own Shares
Shoe Zone plc (AIM: SHOE) announces that on 4 April 2023 it purchased 37,000 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 30 March 2023, as follows (together the "Transaction"):
Date of purchase		4 April 2023
Number of ordinary shares purchased		37,000
Highest price paid per ordinary share		240 pence
Lowest price paid per ordinary share		240 pence
Volume weighted average price paid per ordinary share		240 pence
Following the Transaction, the issued share capital of the Company remains unchanged at 48,500,000 and the Company now holds 74,283 shares in treasury. The total voting rights in the Company is now 48,425,717 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:	4 April 2023
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
37,000	240	London Stock Exchange
Individual transactions:
22,000	240.00 pence	11:00 UK
15,000	240.00 pence	14:03 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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