Last checked at 3 May 2023 07:00
3 May 2023 | |||
Shoe Zone plc | |||
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("Shoe Zone" or the "Company") | |||
Transaction in Own Shares | |||
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Shoe Zone plc (AIM: SHOE) announces that on 2 May 2023 it purchased 350,000 ordinary shares of £0.01 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 | 2 May 2023 | ||
Number of ordinary shares purchased | 350,000 | ||
Highest price paid per ordinary share | 243 pence | ||
Lowest price paid per ordinary share | 243 pence | ||
Volume weighted average price paid per ordinary share | 243 pence | ||
Following the Transaction, the issued share capital of the Company remains unchanged at 48,500,000 and the Company now holds 736,946 shares in treasury. The total voting rights in the Company is now 47,763,054 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: |
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Shares purchased: | Shoe Zone plc (ISIN: GB00BLTVCF91) | ||
Date of purchases: | 2 May 2023 | ||
Aggregate information: |
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Aggregated Volume | Volume-weighted average price (pence) | Venue |
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350,000 | 243 | London Stock Exchange | |
Individual transactions: |
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100,000 | 243.00 pence | 14:50 UK | |
250,000 | 243.00 pence | 15:12 UK | |
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, Ed Beddows (Investment Banking) | |||
Dominic King (Corporate Broking) | |||