Transaction in Own Shares

RNS Number : 2869X
Shoe Zone PLC
25 April 2023
 

25 April 2023




Shoe Zone plc

 




("Shoe Zone" or the "Company")





Transaction in Own Shares

 








Shoe Zone plc (AIM: SHOE) announces that on 24 April 2023 it purchased 46,000 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


 24 April 2023


Number of ordinary shares purchased


 46,000


Highest price paid per ordinary share


 237 pence


Lowest price paid per ordinary share


 237 pence


Volume weighted average price paid per ordinary share

 237 pence






Following the Transaction, the issued share capital of the Company remains unchanged at 48,500,000 and the Company now holds 375,946 shares in treasury. The total voting rights in the Company is now 48,124,054 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: 

24 April 2023







Aggregate information:

 







Aggregated Volume

Volume-weighted average price (pence)

Venue

 

46,000

237

London Stock Exchange









Individual transactions:

 







 46,000

237.00 pence

 12:51 UK














Shoe Zone PLC

 

Tel: +44 (0) 116 222 3000

Anthony Smith (Chief Executive)


Terry Boot (Finance Director)






Zeus (Nominated Adviser and Broker)

 

Tel: +44 (0) 203 829 5000

David Foreman, James Hornigold, Ed Beddows (Investment Banking)


Dominic King (Corporate Broking)


 

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Shoe Zone (SHOE)
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