Shoe Zone (GB:SHOE) has released an update.
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Shoe Zone PLC, the UK’s eminent value footwear retailer, has announced that significant share transfers have occurred between family members of the company’s leadership without affecting their overall shareholding. The Chairman, Charles Smith, and director Anthony Smith have both transferred their shares into joint ownership with their respective spouses. These transactions have not altered the Smiths’ substantial control, as they maintain a combined ownership of approximately 58.1% of the company’s voting rights.
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