Shoe Zone PLC Transaction in Own Shares and TVR (7176D)

TIDMSHOE

RNS Number : 7176D

Shoe Zone PLC

11 October 2018

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 GBP0.01 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 -   Number of Ordinary Shares   Transaction price (pence 
  GMT)            purchased                   per share) 
 09.01           61,560                      176

For further information, please call:

 
 Shoe Zone plc                                       Tel: via FTI Consulting 
  Nick Davis (CEO) 
  Jonathan Fearn (CFO) 
 Finncap (Nominated Adviser and Broker)              Tel: +44 (0)20 7220 
  Matt Goode/ Carl Homes / Hannah Boros (Corporate    0500 
  Finance) 
  Alice Lane (ECM) 
 
   FTI Consulting (Financial PR) 
   Jonathon Brill 
   Alex Beagley 
   Eleanor Purdon 
   Charlotte Cobb

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

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.

END

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October 11, 2018 03:17 ET (07:17 GMT)

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