REG - Shoe Zone PLC - Transaction in Own Shares

Shoe ZoneAnnouncement

27/10/2022 07:00

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RNS Number : 2555E  Shoe Zone PLC  27 October 2022

 27 October 2022
 Shoe Zone plc

 ("Shoe Zone" or the "Company")

 Transaction in Own Shares

 Shoe Zone plc (AIM: SHOE) announces that on 26 October 2022 it purchased 8,000
 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                                                           26 October 2022
 Number of ordinary shares purchased                                        8,000
 Highest price paid per ordinary share                                      180 pence
 Lowest price paid per ordinary share                                       180 pence
 Volume weighted average price paid per ordinary share                      180 pence

 Shoe Zone also announces the cancellation of 500,000 ordinary shares held in
 treasury, effective as of today (the "Cancellation").

 Following the Transaction and the Cancellation, the issued share capital of
 the Company stands at 49,000,000 and the Company now holds 118,503 shares in
 treasury. The total voting rights in the Company is now 48,881,497 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:                  26 October 2022

 Aggregate information:

 Aggregated Volume                   Volume-weighted average price (pence)  Venue
 8,000                               180                                    London Stock Exchange

 Individual transactions:
 4,000                               180p                                   14:00 UK
 3,000                               180p                                   14:00 UK
 1,000                               180p                                   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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