TIDMSHOE

RNS Number : 1454X

Shoe Zone PLC

25 August 2022

25 August 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 24 August 2022 , it purchased 34,999 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                                   24 August 2022 
   Number of ordinary shares purchased                34,999 
   Highest price paid per ordinary share              150 pence 
   Lowest price paid per ordinary share               150 pence 
   Volume weighted average price paid per ordinary    150 pence 
    share

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 549,662 shares in treasury. The total voting rights in the Company is now 49,450,338 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.

Following the Transaction, the Company has completed 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:   24 August 2022

Aggregate information:

 
                     Volume-weighted average 
 Aggregated Volume    price (pence)            Venue 
 34,999              150                       London Stock Exchange 
 
 
  Individual transactions: 
 
     15,000   150.00 pence   09:35 UK 
     19,999   150.00 pence   15:31 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 25, 2022 02:00 ET (06:00 GMT)

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