Transaction in Own Shares

RNS Number : 5348A

Shoe Zone PLC

26 September 2022

 

26 September 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 23 September 2022 , it purchased 73,597 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 23 September 2022 Number of ordinary shares purchased 73,597 Highest price paid per ordinary share 187.5 pence Lowest price paid per ordinary share 185 pence Volume weighted average price paid per ordinary share 186.6984 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 219,274 shares in treasury. The total voting rights in the Company is now 49,280,726 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 September 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
73,597	187.0775	London Stock Exchange

Individual transactions:

50,000	187.50 pence	10:11 UK
20,000	185.00 pence	16:19 UK
97	185.00 pence	16:35 UK
3,500	185.00 pence	16:35 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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