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SHOE ZONE PLC Major Shareholding Notification 2015

Jan 29, 2015

7915_mrq_2015-01-29_e4aeb18f-c962-45c9-8fc9-274ecde5e059.html

Major Shareholding Notification

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RNS Number : 5450D

Shoe Zone PLC

29 January 2015

29 January 2015

Shoe Zone PLC

("The Company")

Holdings in the Company

The Company was notified on 29 January 2015 that Humberzone Limited (controlled by Anthony & Charles Smith, and formerly Shoe Zone Group Limited) disposed of 27,500,000 ordinary shares of 1 pence each in the share capital of the Company (which represented 55% of the issued share capital of the Company) on 29 January 2015 to Slawston Investments Limited and Sheepy Magna Investments Limited by way of share transfer. 

Slawston Investments Limited is a company controlled by Anthony & Catherine Smith and Sheepy Magna Investments Limited is a company controlled by Charles & Sian Smith.

Following the disposal of the 27,500,000 ordinary shares, Humberzone Limited now holds an interest in zero ordinary shares of the Company and therefore has no voting rights.  Slawston Investments Limited and Sheepy Magna Investments Limited now hold a combined interest in 27,500,000 ordinary shares of the Company (with full voting rights), which represents 55% of the issued ordinary share capital of the Company.

Entity Shares held prior to transfer Shares held post the transfer
Humberzone Limited

(formerly Shoe Zone Group Limited)
27,500,000 0
Slawston Investments Limited 0 15,282,064
Sheepy Magna Investments Limited 0 12,217,936

Following the transfer the activities of Humberzone Limited will have ceased and it is likely to be placed in to Members Voluntary Liquidation.  The beneficial ownership of the 55% interest in Shoe Zone plc following this transaction remains with the Smith family.

For further information, please contact:

Shoe Zone plc Tel: +44 (0) 116 222 3000
Anthony Smith (CEO)
Charles Smith (COO)

Nick Davis (CFO)
FTI Consulting (Financial PR) Tel: +44 (0) 20 3727 1000
Jonathon Brill
Alex Beagley

Eleanor Purdon

This information is provided by RNS

The company news service from the London Stock Exchange

END

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