Source - LSE Regulatory
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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