TIDMSHOE

RNS Number : 8398W

Shoe Zone PLC

23 August 2022

23 August 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 22 August 2022 , it purchased 59,595 ordinary shares of GBP0.01 each in the Company, pursuant to the share buyback programme (the "Buyback Programme") that was announced on 29 July 2022 as follows (together the "Transaction"):

 
  Date of purchase                                   22 August 2022 
   Number of ordinary shares purchased                59,595 
   Highest price paid per ordinary share              180 pence 
   Lowest price paid per ordinary share               172 pence 
   Volume weighted average price paid per ordinary    176.7279 pence 
    share 
 

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 441,324 shares in treasury. The total voting rights in the Company is now 49,558,676 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:    22 August 2022 
 

Aggregate information:

 
                     Volume-weighted average 
 Aggregated Volume    price (pence)            Venue 
 59,595              176.7279                  London Stock Exchange 
 
 
 Individual transactions: 
 
 
   29,595   180.00 pence   08:03 UK 
   15,000   175.00 pence   08:12 UK 
   15,000   172.00 pence   09:13 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, Guy Brinkley (Investment Banking)

Dominic King (Corporate Broking)

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END

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(END) Dow Jones Newswires

August 23, 2022 02:00 ET (06:00 GMT)

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