Transaction in Own Shares

RNS Number : 7911D
Shoe Zone PLC
24 October 2022
 

24 October 2022




Shoe Zone plc

 




("Shoe Zone" or the "Company")





Transaction in Own Shares

 








Shoe Zone plc (AIM: SHOE) announces that on 21 October 2022 it purchased 12,270 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


 21 October 2022

Number of ordinary shares purchased

 12,270


Highest price paid per ordinary share

 174 pence


Lowest price paid per ordinary share

 174 pence


Volume weighted average price paid per ordinary share

 174 pence






Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 570,503 shares in treasury. The total voting rights in the Company is now 48,929,497 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: 

21 October 2022







Aggregate information:

 







Aggregated Volume

Volume-weighted average price (pence)

Venue

 

12,270

174

London Stock Exchange









Individual transactions:

 



 4,000

174.00 pence

 08:00 UK


 466

174.00 pence

 08:00 UK


 534

174.00 pence

 08:00 UK


 3,899

174.00 pence

 11:00 UK


 3,371

174.00 pence

 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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