RNS Number : 8125P

Shoe Zone PLC

22 February 2021

22 February 2021

Shoe Zone PLC

("Shoe Zone", the "Company" or the "Group")

Board Change

Shoe Zone announces that Peter Foot, its Finance Director, has left the business with immediate effect. The Board has started the search for a replacement and a further announcement will be made in due course once an appointment has been made.

Peter's departure will not have any impact on the Company's year end results, to be announced on 8 March 2021.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

For further information please call:

Shoe Zone plc

Charles Smith (Chairman) Tel: +44 (0) 116 222 3000

Anthony Smith (CEO)

FinnCap Limited (Nominated Adviser & Broker)

Matt Goode / Kate Bannatyne (Corporate Finance) Tel: +44 (0) 20 7220 0500

Alice Lane (ECM)

About Shoe Zone

Shoe Zone is a Town Centre, Retail Park and Digital footwear retailer, offering low price and high quality footwear for the whole family.

Shoe Zone operates from a portfolio of around 460 stores and has approximately 3,000 employees across the UK.

The store portfolio consists of over 410 high street stores containing the core Shoe Zone product range and 50 larger Retail Park units which also feature brands such as Skechers, Hush Puppies and Kickers.

The website shoezone.com, combined with the store network, ensures a full multi-channel offering for great customer service.

Shoe Zone sells 16 million pairs of shoes per annum at an average retail price of GBP11.

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(END) Dow Jones Newswires

February 22, 2021 02:00 ET (07:00 GMT)

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