Shoe Zone PLC Transaction in Own Shares (3298Z)
May 15 2023 - 2:00AM
UK Regulatory
TIDMSHOE
RNS Number : 3298Z
Shoe Zone PLC
15 May 2023
15 May 2023
Shoe Zone plc
("Shoe Zone" or the "Company")
Transaction in Own Shares
Shoe Zone plc (AIM: SHOE) announces that on 12 May 2023 it purchased
425,000 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 30 March 2023,
as follows (together the "Transaction"):
Date of purchase 12 May 2023
Number of ordinary shares purchased 425,000
Highest price paid per ordinary share 237.5 pence
Lowest price paid per ordinary share 237.5 pence
Volume weighted average price paid per
ordinary share 237.5 pence
Following the Transaction, the issued share capital of the Company
remains unchanged at 48,000,000 and the Company now holds 721,946
shares in treasury. The total voting rights in the Company is
now 47,278,054 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: 12 May 2023
Aggregate information:
Aggregated Volume Volume-weighted average Venue
price (pence)
425,000 237.5 London Stock Exchange
Individual transactions:
425,000 237.50 pence 10:12
UK
Tel: +44 (0) 116 222
Shoe Zone PLC 3000
Anthony Smith (Chief Executive)
Terry Boot (Finance Director)
Tel: +44 (0) 203 829
Zeus (Nominated Adviser and Broker) 5000
David Foreman, James Hornigold, Ed Beddows (Investment
Banking)
Dominic King (Corporate Broking)
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END
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May 15, 2023 02:00 ET (06:00 GMT)
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