Shoe Zone plc (AIM: SHOE), the UK value footwear retailer, has announced the purchase of 7,980 of its own ordinary shares at a uniform price of 70 pence per share on 6 November 2026, as part of the buyback programme launched on 27 October 2026. The transaction was executed in a single trade through the company's nominated adviser and broker, Zeus Capital Limited, on the London Stock Exchange. Following the purchase, Shoe Zone now holds 1,241,385 shares in treasury, reducing total voting rights to 45,008,615, a figure shareholders may use for regulatory disclosure calculations under the FCA's Disclosure Guidance and Transparency Rules.

Key Points

  • Shoe Zone plc (AIM: SHOE), ISIN: GB00BLTVCF91
  • 7,980 ordinary shares of £0.01 each purchased on 6 November 2026 at 70 pence per share under the Buyback Programme announced 27 October 2026
  • Treasury shares now total 1,241,385; total voting rights reduced to 45,008,615 against an unchanged issued share capital of 46,250,000
  • Investors should watch for further buyback transaction announcements as the programme continues

Shoe Zone Executes 6 November Share Purchase at Uniform 70p Via Zeus Capital

The announcement confirms that all 7,980 shares were acquired at a single price of 70 pence, meaning the highest, lowest, and volume-weighted average price paid per share were all identical at 70 pence. The transaction was executed in one block at 16:39 UK time on the London Stock Exchange. Zeus Capital Limited, which serves as both nominated adviser and broker to Shoe Zone, carried out the purchase on the company's behalf in compliance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014. The company did not disclose the aggregate cash consideration for this specific transaction in the announcement.

Treasury Share Position and Voting Rights Following the Buyback Transaction

Shoe Zone's total issued share capital remains unchanged at 46,250,000 ordinary shares of £0.01 each following this transaction. With 1,241,385 shares now held in treasury and therefore stripped of voting entitlement, the effective total voting rights stand at 45,008,615. The company has highlighted this denominator figure specifically to assist shareholders in determining whether they are required to notify changes in their interests in Shoe Zone under applicable FCA transparency rules. Further purchases under the Buyback Programme are expected, with the company stating it will make additional announcements in due course.

Shoe Zone's 251-Store UK Network and 12.4 Million Annual Pairs Sold Underpin Buyback Context

Shoe Zone operates 251 stores across the UK, comprising 211 larger-format retail locations and 40 original high street stores, supported by approximately 2,014 employees. The larger-format stores carry additional third-party brands including Skechers, Hush Puppies, Rieker, and Lilley & Skinner, complementing Shoe Zone's own value-focused offering. The company sells approximately 12.4 million pairs of shoes annually at an average retail price of approximately £13.20, positioning it firmly in the low-price, accessible footwear segment. Its multichannel model combines the physical store portfolio with the shoezone.com digital platform, targeting families across town centres and retail parks.