Transaction in Own Shares

RNS Number : 9717G

Shoe Zone PLC

21 November 2022

 

21 November 2022
Shoe Zone plc
("Shoe Zone" or the "Company")
Transaction in Own Shares
Shoe Zone plc (AIM: SHOE) announces that on 18 November 2022 it purchased 17,219 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		18 November 2022
Number of ordinary shares purchased		17,219
Highest price paid per ordinary share		185 pence
Lowest price paid per ordinary share		185 pence
Volume weighted average price paid per ordinary share		185 pence
Following the Transaction, the issued share capital of the Company remains unchanged at 49,000,000 and the Company now holds 226,678 shares in treasury. The total voting rights in the Company is now 48,773,322 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:	18 November 2022
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
17,219	185	London Stock Exchange
Individual transactions:
5,000	185.00 pence	08:00 UK
1,401	185.00 pence	08:00 UK
5,000	185.00 pence	09:00 UK
818	185.00 pence	16:35 UK
4,182	185.00 pence	16:35 UK
818	185.00 pence	16:35 UK
Shoe Zone PLC		Tel: [phone]
Anthony Smith (Chief Executive)
Terry Boot (Finance Director)
Zeus (Nominated Adviser and Broker)		Tel: [phone]
David Foreman, James Hornigold, Ed Beddows (Investment Banking)
Dominic King (Corporate Broking)

 

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