Shoe Zone PlcLSE: SHOE

Transaction in Own Shares

· Issued by Shoe Zone Plc

6 June 2023

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 5 June 2023 it purchased 5,331 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 31 May 2023, as follows (together the "Transaction"):

Date of purchase

 5 June 2023

Number of ordinary shares purchased

 5,331

Highest price paid per ordinary share

 210 pence

Lowest price paid per ordinary share

 210 pence

Volume weighted average price paid per ordinary share

 210 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 47,250,000 and the Company now holds 1,023,170 shares in treasury. The total voting rights in the Company is now 46,226,830 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 June 2023

Aggregate information:

Aggregated Volume

Volume-weighted average price (pence)

Venue

5,331

210

London Stock Exchange

Individual transactions:

 5,331

210.00 pence

 16:21 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)