Transaction in Own Shares

RNS Number : 9893W
Shoe Zone PLC
24 August 2022
 

24 August 2022

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

 

Shoe Zone plc (AIM: SHOE) announces that on 23 August 2022 , it purchased 73,339 ordinary shares of £0.01 each in the Company, pursuant to the share buyback programme (the "Buyback Programme") that was announced on 29 July 2022 as follows (together the "Transaction"):

 

 

Date of purchase

23 August 2022

Number of ordinary shares purchased

73,339

Highest price paid per ordinary share

160 pence

Lowest price paid per ordinary share

157 pence

Volume weighted average price paid per ordinary share

159.3521 pence

 

 

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 514,663 shares in treasury. The total voting rights in the Company is now 49,485,337 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: 

23 August 2022

 

Aggregate information:

 

Aggregated Volume

Volume-weighted average price (pence)

Venue

  73,339

159.3521

London Stock Exchange

 

 

 

Individual transactions:

 

25,000

160.00 pence

 08:15 UK


17,500

160.00 pence

 08:59 UK


15,000

160.00 pence

 13:01 UK


15,839

157.00 pence

 15:26 UK


 

 

For further information please contact:

 

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, Guy Brinkley (Investment Banking)

Dominic King (Corporate Broking)

 

 

 

 

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Shoe Zone (SHOE)
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