Directorate Change

RNS Number : 1739H

Shoe Zone PLC

23 March 2020

 

23 March 2020

Shoe Zone PLC

("Shoe Zone" or the "Company")

Directorate Change - Resignation of Non-Executive Director

Shoe Zone PLC, the UK's largest value footwear retailer, announces that Charlie Caminada has informed the Board of his desire to stand down as a Non-Executive Director of the Company to pursue his other business interests. The Board has agreed with Charlie that his departure will take place with immediate effect.

Charles Smith, Chairman of Shoe Zone PLC, commented:

"Anthony and I would like to take this opportunity to thank Charlie for his support on the Board since the Company's IPO in 2014 and we wish him well with his future endeavours."

For further information, please contact:

Shoe Zone plc Anthony Smith (Chief Executive) Jonathan Fearn (Chief Financial Officer)	Tel: [phone]
FinnCap Limited (Nominated Adviser & Broker) Matt Goode / Carl Holmes / Hannah Boros (Corporate Finance) Alice Lane (ECM)	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley Eleanor Purdon Alice Newlyn	Tel: [phone]

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 500 stores and has approximately 3,500 employees across the UK and the Republic of Ireland.

The store portfolio consists of over 450 high street stores containing the core Shoe Zone product range and 45 larger out of town retail units which also feature brands such as Clarks, Skechers and Hush Puppies. 

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

Shoe Zone sells 18 million pairs of shoes per annum with an average retail price per pair of shoes of around £10.

 

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