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On 18 May 2023, Shoe Zone PLC announced the completion of its Share Buyback Programme, having reached the maximum aggregate consideration of £3,000,000. The company also announced the cancellation of 750,000 ordinary shares of £0.01 each held in treasury. Following the cancellation, Shoe Zone's issued share capital stands at 47,250,000, with 22,815 shares remaining in treasury, and total voting rights unchanged at 47,227,185.
| Date | 18 May 2023 |
| Time | 07:00:06 |
| Category | Capital structure |
| ID | 8019Z |
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18 May 2023 |
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Shoe Zone plc |
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("Shoe Zone" or the "Company") |
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Share Buyback Programme and Cancellation of Ordinary Shares |
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Shoe Zone (AIM:SHOE) announces the completion of the Buyback Programme, previously announced on 30 March 2023, due to satisfying the maximum aggregate consideration of £3,000,000.
In addition, Shoe Zone announces the cancellation of 750,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares"), currently held in treasury (the "Cancellation"). |
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Following the Cancellation, the issued share capital of the Company stands at 47,250,000 and the Company now holds 22,815 shares in treasury. The total voting rights remains unchanged at 47,227,185 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. |
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Shoe Zone PLC |
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Tel: +44 (0) 116 222 3000 |
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Anthony Smith (Chief Executive) |
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Terry Boot (Finance Director) |
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Zeus (Nominated Adviser and Broker) |
Tel: +44 (0) 203 829 5000 |
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David Foreman, James Hornigold, Ed Beddows (Investment Banking) |
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Dominic King (Corporate Broking) |
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