Transaction in Own Shares

RNS Number : 2481B
Shoe Zone PLC
30 September 2022
 

30 September 2022

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

 

Shoe Zone plc (AIM: SHOE) announces that on 29 September 2022 , it purchased 67,783 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

29 September 2022

Number of ordinary shares purchased

67,783

Highest price paid per ordinary share

172 pence

Lowest price paid per ordinary share

167.8 pence

Volume weighted average price paid per ordinary share

169.3048 pence

 

Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 423,313 shares in treasury. The total voting rights in the Company is now 49,076,687 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: 

29 September 2022

 

 

Aggregate information:

 

Aggregated Volume

Volume-weighted average price (pence)

Venue

67,783

169.3048

London Stock Exchange

 

 

 

Individual transactions:

 

20,000

172.00 pence

 09:26 UK

15,000

169.00 pence

 10:56 UK

32,783

167.80 pence

 12:00 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 (Investment Banking)

Dominic King (Corporate Broking)

 

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Shoe Zone (SHOE)
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