diff --git a/src/components/modules/blockEvents.ts b/src/components/modules/blockEvents.ts
index 40e0973e2..3f00f3557 100644
--- a/src/components/modules/blockEvents.ts
+++ b/src/components/modules/blockEvents.ts
@@ -93,7 +93,10 @@ export default class BlockEvents extends Module {
      *  - close Toolbar
      *  - clear block highlighting
      */
-    if (_.isPrintableKey(event.keyCode)) {
+
+    const isPrintableKey = _.isPrintableKey(event.keyCode);
+
+    if (isPrintableKey) {
       this.Editor.Toolbar.close();
 
       /**
@@ -101,7 +104,7 @@ export default class BlockEvents extends Module {
        *
        * @type {boolean}
        */
-      const isShortcut = event.ctrlKey || event.metaKey || event.altKey || event.shiftKey;
+      const isShortcut = event.ctrlKey || event.metaKey || event.altKey || (event.shiftKey && !isPrintableKey);
 
       if (!isShortcut) {
         this.Editor.BlockSelection.clearSelection(event);
@@ -660,15 +663,16 @@ export default class BlockEvents extends Module {
     const toolboxItemSelected = (event.keyCode === _.keyCodes.ENTER && this.Editor.Toolbar.toolbox.opened),
         blockSettingsItemSelected = (event.keyCode === _.keyCodes.ENTER && this.Editor.BlockSettings.opened),
         inlineToolbarItemSelected = (event.keyCode === _.keyCodes.ENTER && this.Editor.InlineToolbar.opened),
-        flippingToolbarItems = event.keyCode === _.keyCodes.TAB;
+        flippingToolbarItems = event.keyCode === _.keyCodes.TAB,
+        shiftKeyEventEmitted = event.shiftKey && !_.isPrintableKey(event.keyCode);
 
     /**
      * Do not close Toolbar in cases:
-     * 1. ShiftKey pressed (or combination with shiftKey)
+     * 1. ShiftKey event emitted
      * 2. When Toolbar is opened and Tab leafs its Tools
      * 3. When Toolbar's component is opened and some its item selected
      */
-    return !(event.shiftKey ||
+    return !(shiftKeyEventEmitted ||
       flippingToolbarItems ||
       toolboxItemSelected ||
       blockSettingsItemSelected ||
diff --git a/src/components/modules/blockSelection.ts b/src/components/modules/blockSelection.ts
index a6edcb8c8..a65445d17 100644
--- a/src/components/modules/blockSelection.ts
+++ b/src/components/modules/blockSelection.ts
@@ -252,7 +252,9 @@ export default class BlockSelection extends Module {
          *
          * @see https://developer.mozilla.org/ru/docs/Web/API/KeyboardEvent/key
          */
-        Caret.insertContentAtCaretPosition(eventKey.length > 1 ? '' : eventKey);
+        if (eventKey.length > 1) {
+          Caret.insertContentAtCaretPosition('');
+        }
       // eslint-disable-next-line @typescript-eslint/no-magic-numbers
       }, 20)();
     }
diff --git a/test/cypress/tests/modules/Ui.cy.ts b/test/cypress/tests/modules/Ui.cy.ts
index eaf2246a8..0c911decf 100644
--- a/test/cypress/tests/modules/Ui.cy.ts
+++ b/test/cypress/tests/modules/Ui.cy.ts
@@ -93,6 +93,84 @@ describe('Ui module', function () {
           });
       });
     });
+
+    describe('Replace', function() {
+      it('should replace selected blocks with a single keystroke', function() {
+        cy.createEditor({
+          data: {
+            blocks: [
+              {
+                id: 'block1',
+                type: 'paragraph',
+                data: {
+                  text: 'The first block',
+                },
+              },
+              {
+                id: 'block2',
+                type: 'paragraph',
+                data: {
+                  text: 'The second block',
+                },
+              },
+            ],
+          },
+        }).as('editorInstance');
+
+        /**
+         * Select two blocks by shift+down
+         */
+        cy.get('[data-cy=editorjs]')
+          .find('.ce-paragraph')
+          .first()
+          .click()
+          .type('{shift+downArrow}')
+          .type('f');
+
+        cy.get('[data-cy=editorjs]')
+          .find('.ce-paragraph')
+          .first()
+          .should('have.text', 'f');
+      });
+
+      it('should replace selected blocks with a single shift + keystroke', function() {
+        cy.createEditor({
+          data: {
+            blocks: [
+              {
+                id: 'block1',
+                type: 'paragraph',
+                data: {
+                  text: 'The first block',
+                },
+              },
+              {
+                id: 'block2',
+                type: 'paragraph',
+                data: {
+                  text: 'The second block',
+                },
+              },
+            ],
+          },
+        }).as('editorInstance');
+
+        /**
+         * Select two blocks by shift+down
+         */
+        cy.get('[data-cy=editorjs]')
+          .find('.ce-paragraph')
+          .first()
+          .click()
+          .type('{shift+downArrow}')
+          .type('{shift+F}');
+
+        cy.get('[data-cy=editorjs]')
+          .find('.ce-paragraph')
+          .first()
+          .should('have.text', 'F');
+      });
+    });
   });
 
   describe('mousedown', function () {