Last checked at 11 Oct 2018 08:17
Shoe Zone plc
("Shoe Zone" or the "Company")
Transaction in own shares and TVR
Shoe Zone announces that, pursuant to the share buy-back programme being conducted, on 10 October 2018 the Company purchased 61,560 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 176 pence ("Buy-back Shares") by finnCap Ltd (acting as the Company's broker) (the "Transaction").
Following the above Transaction, Shoe Zone can announce that it has concluded its share Buyback Programme as announced on 20 September as it has purchased the total 75,000 Ordinary Shares.
Total Voting Rights
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 49,925,000 with 75,000 Ordinary Shares held in Treasury. The figure of 49,925,000 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.
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.
Schedule 1: Summary of buy-back transactions
Date of purchase | 10 October 2018 |
Number of Ordinary Shares purchased | 61,560 |
Highest price paid per share (pence) | 176 |
Lowest price paid per share (pence) | 176 |
The average price paid per share (pence) | 176 |
Schedule 2: Details of buy-back transactions
Time (hh:mm - GMT) | Number of Ordinary Shares purchased | Transaction price (pence per share) |
09.01 | 61,560 | 176 |
For further information, please call:
Shoe Zone plc Nick Davis (CEO) Jonathan Fearn (CFO)
| 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.