Transaction in Own Shares and TVR

RNS Number : 7176D

Shoe Zone PLC

11 October 2018

 

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in own shares and TVR

Shoe Zone announces that, pursuant to the share buy-back programme being conducted, on 10 October 2018 the Company purchased 61,560 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 176 pence ("Buy-back Shares") by finnCap Ltd (acting as the Company's broker) (the "Transaction").

Following the above Transaction, Shoe Zone can announce that it has concluded its share Buyback Programme as announced on 20 September as it has purchased the total 75,000 Ordinary Shares.

Total Voting Rights

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000. The total voting rights in the Company is now 49,925,000 with 75,000 Ordinary Shares held in Treasury. The figure of 49,925,000 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, the Company.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by finnCap on behalf of the Group.

Schedule 1: Summary of buy-back transactions

Date of purchase	10 October 2018
Number of Ordinary Shares purchased	61,560
Highest price paid per share (pence)	176
Lowest price paid per share (pence)	176
The average price paid per share (pence)	176

Schedule 2: Details of buy-back transactions

Time (hh:mm - GMT)	Number of Ordinary Shares purchased	Transaction price (pence per share)
09.01	61,560	176

For further information, please call:

Shoe Zone plc Nick Davis (CEO) Jonathan Fearn (CFO)	Tel: via FTI Consulting
Finncap (Nominated Adviser and Broker) Matt Goode/ Carl Homes / Hannah Boros (Corporate Finance) Alice Lane (ECM)	Tel: [phone]
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley Eleanor Purdon Charlotte Cobb

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

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