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REG - Shoe Zone PLC - Transaction in Own Shares

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RNS Number : 9175A  Shoe Zone PLC  28 September 2022

28 September 2022

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

 

Shoe Zone plc (AIM: SHOE) announces that on 27 September 2022, it purchased
50,000 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                                       27 September 2022
 Number of ordinary shares purchased                    50,000
 Highest price paid per ordinary share                  182.5 pence
 Lowest price paid per ordinary share                   182.5 pence
 Volume weighted average price paid per ordinary share  182.5 pence

 

Following the Transaction, the issued share capital of the Company remains
unchanged at 49,500,000 and the Company now holds 345,530 shares in treasury.
The total voting rights in the Company is now 49,154,470 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:                  27 September 2022

 

Aggregate information:

 

 Aggregated Volume  Volume-weighted average price (pence)  Venue
 50,000             182.5                                  London Stock Exchange

 

 

Individual transactions:

 35,000  182.50 pence   10:10 UK
 15,000  182.50 pence   11:23 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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