Business
Posting of Annual Report & Notice of AGM
Posting of Annual Report & Notice of AGM.
About this update from Shoe Zone Plc
[{"type":"text","content":"\n \nRNS Number : 9391B Shoe Zone PLC 04 February 2020 \n\n4 February 2020\n \nShoe Zone PLC\n \nPosting of Annual Report & Notice of Annual General Meeting\n \nShoe Zone PLC (\"Shoe Zone\", the \"Company\" or the \"Group\"), the UK's largest value footwear retailer, announces that its Annual Report and Accounts for the 53-week period to 5 October 2019, which includes a notice of the Annual General Meeting (\"AGM\"), has been posted to shareholders and is available on the Group's website www.shoezoneplc.com. The AGM will be held at 10am on 5 March 2020 at the Group's Head Office, Haramead Business Centre, Humberstone Road, Leicester LE1 2LH.\n \nProposed Change to the Company's Articles of Association\n \nThe Company's current articles of association provide that decisions of the Company's board of directors are taken by way of majority and in the event that the votes cast by directors at a board meeting are tied, the chairman of that meeting will have a casting vote (which can be used at his discretion). \n \nFollowing Charles Smith's permanent appointment as Chairman, the board will have three executive and three non-executive members. In the interests of good corporate governance, the board believes that the casting vote in any board decision should be exercised by the most senior non-executive director present rather than Charles Smith (which is expected to be Jeremy Sharman as the Deputy Chairman). Accordingly, a change is being proposed to the Company's articles of association via a resolution at the AGM.\n \n \n \nFor further information, please contact:\n \n\n\n\nShoe Zone plc\nAnthony Smith (Chief Executive)\nJonathan Fearn (Chief Financial Officer)\n\n\nTel: +44 (0) 116 222 3000\n\n\n\n\n\n\n\n\n\n\n\n\nFinnCap Limited (Nominated Adviser & Broker)\nMatt Goode / Carl Holmes / Hannah Boros (Corporate Finance)\nAlice Lane (ECM)\n\n\nTel: +44 (0) 20 7220 0500\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting (Financial PR)\nAlex Beagley\nEleanor Purdon\nAlice Newlyn\n\n\nTel: +44 (0) 20 3727 1000\n\n\n\n \n \nAbout Shoe Zone\nShoe Zone is a Town Centre, Retail Park and Digital footwear retailer, offering low price and high-quality footwear for the whole family.\n \nShoe Zone operates from a portfolio of around 500 stores and has approximately ...