REG - Shoe Zone PLC - Transaction in Own Shares

Shoe ZoneAnnouncement

22/09/2022 07:00

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RNS Number : 2249A  Shoe Zone PLC  22 September 2022

 22 September 2022

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

 

Shoe Zone plc (AIM: SHOE) announces that on 21 September 2022, it purchased
35,502 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 September 2022
 Number of ordinary shares purchased                    35,502
 Highest price paid per ordinary share                  187.5 pence
 Lowest price paid per ordinary share                   186 pence
 Volume weighted average price paid per ordinary share  187.0775 pence

 

Shoe Zone also announces, further to the Share Buyback Programme announcement
on 2 September 2022, the cancellation of 500,000 ordinary shares held in
treasury is now effective (the "Cancellation").

Following the Transaction and Cancellation, the issued share capital of the
Company stands at 49,500,000 and the Company now holds 145,677 shares in
treasury. The total voting rights in the Company is now 49,354,323 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 September 2022

 

Aggregate information:

 

 Aggregated Volume  Volume-weighted average price (pence)  Venue
 35,502             187.0775                               London Stock Exchange

 

Individual transactions:

   10,502     187.50 pence    11:12 UK
   15,000     187.50 pence    14:09 UK
   10,000     186.00 pence    15:31 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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