RNS Number : 8637L

Shoe Zone PLC

06 January 2023

6 January 2023

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 5 January 2023 it purchased 26,560 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 2 December 2022, as follows (together the "Transaction"):

Date of purchase 5 January 2023

   Number of ordinary shares purchased                                                      26,560 

Highest price paid per ordinary share 220 pence

Lowest price paid per ordinary share 220 pence

   Volume weighted average price paid per ordinary share                      220 pence 

Following the Transaction, the issued share capital of the Company remains unchanged at 49,000,000 and the Company now holds 414,374 shares in treasury. The total voting rights in the Company is now 48,585,626 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:          5 January 2023 

Aggregate information:

   Aggregated Volume       Volume-weighted average price (pence)             Venue 
   26,560                                   220 

London Stock Exchange

Individual transactions:

    24,038                                  220.00 pence  08:38 UK 
    2,522                                    220.00 pence  08:43 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)

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(END) Dow Jones Newswires

January 06, 2023 02:00 ET (07:00 GMT)

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