Shoe Zone Regulatory News (SHOE)

20 October 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 19 October 2022 it purchased 22,765 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 2 September 2022, as follows (together the "Transaction"):

Date of purchase

 19 October 2022

Number of ordinary shares purchased

 22,765

Highest price paid per ordinary share

 178 pence

Lowest price paid per ordinary share

 175 pence

Volume weighted average price paid per ordinary share

 177.6356 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 49,500,000 and the Company now holds 558,233 shares in treasury. The total voting rights in the Company is now 48,941,767 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:

19 October 2022

Aggregate information:

Aggregated Volume

Volume-weighted average price (pence)

Venue

22,765

177.6356

London Stock Exchange

Individual transactions:

 20,000

178.00 pence

 09:40 UK

 2,765

175.00 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, Ed Beddows (Investment Banking)

Dominic King (Corporate Broking)