TIDMSHOE

RNS Number : 5348A

Shoe Zone PLC

26 September 2022

26 September 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 23 September 2022 , it purchased 73,597 ordinary shares of GBP0.01 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                                   23 September 2022 
   Number of ordinary shares purchased                73,597 
   Highest price paid per ordinary share              187.5 pence 
   Lowest price paid per ordinary share               185 pence 
   Volume weighted average price paid per ordinary    186.6984 pence 
    share

Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 219,274 shares in treasury. The total voting rights in the Company is now 49,280,726 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:   23 September 2022

Aggregate information:

 
                     Volume-weighted average 
 Aggregated Volume    price (pence)            Venue 
 73,597              187.0775                  London Stock Exchange

Individual transactions:

 
  50,000   187.50 pence    10:11 UK 
  20,000   185.00 pence    16:19 UK 
  97       185.00 pence    16:35 UK 
  3,500    185.00 pence    16:35 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 (Investment Banking)

Dominic King (Corporate Broking)

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END

POSPPUQPBUPPURA

(END) Dow Jones Newswires

September 26, 2022 02:01 ET (06:01 GMT)

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