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Pin to quick picksShoe Zone Regulatory News (SHOE)

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Market Cap: £26.58m
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Share Buy-Back

27 Sep 2018 12:01

RNS Number : 1875C
Shoe Zone PLC
27 September 2018
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Shoe Zone plc

("Shoe Zone" or the "Company")

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Transaction in own shares and TVR

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Shoe Zone announces that, pursuant to the share buy-back programme being conducted, as announced on 20 September 2018, on 26 September 2018, the Company purchased 490 ordinary shares of Β£0.01 each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 168.75 pence ("Buy-back Shares") by finnCap Ltd (acting as the Company's broker) (the "Transaction").

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Total Voting Rights

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Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000. The total voting rights in the Company is now 49,999,510 with 490 Ordinary Shares held in Treasury. The figure of 49,999,510 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, the Company.

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In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by finnCap on behalf of the Group.

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Schedule 1: Summary of buy-back transactions

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Date of purchase

26/09/18

Number of Ordinary Shares purchased

490

Highest price paid per share (pence)

168.75

Lowest price paid per share (pence)

168.75

The average price paid per share (pence)

168.75

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Schedule 2: Details of buy-back transactions

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Time (hh:mm - GMT)

Number of Ordinary Shares purchased

Transaction price (pence per share)

09:09

490

168.75

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For further information, please call:

Shoe Zone plc

Nick Davis (CEO)

Jonathan Fearn (CFO)

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Tel: via FTI Consulting

Finncap (Nominated Adviser and Broker)

Matt Goode/ Carl Homes / Hannah Boros (Corporate Finance)

Alice Lane (ECM)

Tel: +44 (0)20 7220 0500

FTI Consulting (Financial PR)

Jonathon Brill

Alex Beagley

Eleanor Purdon

Charlotte Cobb

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The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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