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REG - Shoe Zone PLC - Transaction in Own Shares

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RNS Number : 8637L  Shoe Zone PLC  06 January 2023

6 January
2023

Shoe Zone plc

 

("Shoe Zone" or the "Company")

 

Transaction in Own Shares

 

Shoe Zone plc (AIM: SHOE) announces that on 5 January 2023 it purchased 26,560
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 December 2022, as follows (together the
"Transaction"):

 

 

Date of purchase
 
5 January 2023

Number of ordinary shares purchased
                         26,560

Highest price paid per ordinary share
                           220 pence

Lowest price paid per ordinary share
                            220 pence

Volume weighted average price paid per ordinary share
     220 pence

 

Following the Transaction, the issued share capital of the Company remains
unchanged at 49,000,000 and the Company now holds 414,374 shares in treasury.
The total voting rights in the Company is now 48,585,626 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:          5 January
2023

 

Aggregate
information:

 

Aggregated Volume       Volume-weighted average price
(pence)             Venue

26,560                                   220
 
            London Stock Exchange

 

 

Individual
transactions:

 

 24,038                                  220.00 pence
 
   08:38 UK

 2,522                                    220.00 pence
 
     08:43 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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