Shoe Zone PLC proposes an interim Dividend of 2.5pence per share

DividendMax Ltd.

Shoe Zone PLC proposes an interim Dividend of 2.5pence per share

The Shoe Zone Board is to propose an interim dividend of 2.5p per share. The interim dividend will become payable on 17 August 2022 to those shareholders on the Company's register as at the close of business on the record date 15 July 2022. The ex-dividend date is 14 July 2022. The Company will otherwise continue to review management of its cash resources which may include special dividend and/or buyback programme, details of which will be announced in due course.

Other financial highlights include:

• Revenue of £69.9m (2021 H1 : £40.4m) +73%

o Store revenue £58.1m

o Digital revenue £11.8m

• Contribution of £11.6m (2021 H1: £4.5m) +158%

o Store contribution of £8.9m

o Digital contribution of £2.7m

• Profit before tax £3.1m (2021 H1: £(2.6)m loss)

• Earnings per share 5.7p (2021 H1: (4.2)p loss per share)

• Net cash balance of £13.9m (2021 H1: £4.1m) at period end

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