Shoe Zone plc Completes Purchase of 23,453 Shares at 72p Under August 2026 Buyback Scheme

Shoe Zone plc Completes Purchase of 23,453 Shares at 72p Under August 2026 Buyback Scheme
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Shoe Zone plc (AIM: SHOE), the UK-based value footwear retailer with 253 stores nationwide, announced the acquisition of 23,453 ordinary shares at a consistent price of 72 pence per share on 4 September 2026. This transaction is part of the buyback programme initially revealed on 11 August 2026. The purchase was conducted via nominated broker Zeus Capital Limited on the London Stock Exchange. After this buyback, the Company holds 251,423 shares in treasury, with total voting rights now at 45,998,577, a figure shareholders should use as a denominator according to FCA Disclosure Guidance and Transparency Rules. Key Points Shoe Zone plc (AIM: SHOE), a UK-listed value footwear retailer Acquired 23,453 ordinary shares at 72 pence each on 4 September 2026 under the ongoing share buyback programme Treasury shares total 251,423; total voting rights adjusted to 45,998,577 from an issued share capital of 46,250,000 Investors should monitor for additional buyback updates as the programme continues The entire 23,453 shares were bought in a single transaction at 72 pence each, resulting in the highest, lowest, and volume-weighted average price all equaling 72 pence per ordinary share. The trade occurred at 16:25 UK time on the London Stock Exchange, with Zeus Capital Limited serving as the broker. These shares have an ISIN of GB00BLTVCF91 and a nominal value of �A30.01 each. The Company confirmed it will issue further updates following any subsequent purchases under the ongoing Buyback Programme, first announced on 11 August 2026. Post-Transaction Treasury Shares and FCA Voting Rights Denominator Shoe Zone's issued share capital remains steady at 46,250,000 ordinary shares after the buyback. With 251,423 shares now held in treasury, the total voting rights figure has decreased to 45,998,577. This figure is important for shareholders and institutional investors who must comply with the FCA's Disclosure Guidance and Transparency Rules by calculating and reporting changes in their proportional interests. Treasury shares do not carry voting rights, so each buyback incrementally reduces the voting pool accessible to external shareholders. Shoe Zone's Extensive 253-Store Network and Annual Sales of 13.3 Million Shoe Pairs Shoe Zone positions itself as a retailer focused on low-cost, high-quality footwear for the entire family, operating across town centres, retail parks, and digital platforms. The Company runs 253 stores throughout the UK, employing around 2,050 people. Its estate includes 44 original high street stores and 209 larger-format outlets, which stock additional brands such as Skechers, Hush Puppies, Rieker, and Lilley & Skinner. On average, Shoe Zone sells 13.3 million pairs of shoes annually at an average retail price near �A313.00, highlighting its volume-driven, value retail business model. To keep reading, please log in to your account, create a free account, or simply fill out the form below.

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