Transaction in Own Shares

RNS Number : 2555E
Shoe Zone PLC
27 October 2022
 

27 October 2022



Shoe Zone plc

 



("Shoe Zone" or the "Company")




Transaction in Own Shares

 






Shoe Zone plc (AIM: SHOE) announces that on 26 October 2022 it purchased 8,000 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 2 September 2022, as follows (together the "Transaction"):




Date of purchase


26 October 2022

Number of ordinary shares purchased

8,000

Highest price paid per ordinary share

180 pence

Lowest price paid per ordinary share

180 pence

Volume weighted average price paid per ordinary share

180 pence




Shoe Zone also announces the cancellation of 500,000 ordinary shares held in treasury, effective as of today (the "Cancellation").




Following the Transaction and the Cancellation, the issued share capital of the Company stands at 49,000,000 and the Company now holds 118,503 shares in treasury. The total voting rights in the Company is now 48,881,497 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: 

26 October 2022





Aggregate information:

 





Aggregated Volume

Volume-weighted average price (pence)

Venue

8,000

180

London Stock Exchange







Individual transactions:

 


4,000

180p

14:00 UK

3,000

180p

14:00 UK

1,000

180p

14:00 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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