REG - Town Centre Secs. - Director/PDMR Shareholding

Town Centre SecuritiesAnnouncement

11/04/2024 12:45

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RNS Number : 3142K  Town Centre Securities PLC  11 April 2024

11 April 2024

Town Centre Securities PLC

('TCS' or 'The Company')

Change in notifiable holding by Director of TCS PLC

The Company  was notified on 10 April 2024 by Michael Ziff, Non-Executive
Director that he has sold a total of 20,000 TCS shares representing 0.05% of
the Company's issued share capital. The sale took place on 10 April 2024.

Following this sale, Michael Ziff's shareholding in TCS now totals 2,452,255
beneficial shares and 7,443,445 non-beneficial shares. These holdings equate
to 5.8% and 17.7% respectively of the total issued share capital.

The Ziff Concert Party, the composition of which has previously been agreed
with the Takeover Panel, comprises three Directors, Edward Ziff, Michael Ziff
and Benjamin Ziff, and Edward's and Michael's immediate families including
their sister, the estate of their late mother, their children and a number of
trusts of which they are both trustees. Following this sale, the Ziff Concert
Party's shareholding in TCS has reduced to 57.0% of the total issued share
capital.

 

 1     Details of the PDMR/person closely associated
       Name:                           Michael Ziff
 2     Reason for the notification
 2a)   Job title/role of PDMR:                                       Non-Executive Director
 2b)   Status of this notification:                                  Initial notification
 3     Details of the issuer
 a)    Name:                                                         Town Centre Securities Plc
 b)    LEI:                                                          213800XRCH9RW2RIZD79
 4     Details of the transaction(s)
 4a)   Type of instrument:                                           Ordinary shares of 25 pence each

                                                                     ISIN: GB0003062816
 4b)   Nature of the transaction:                                    Sale
       Price per share (in pence) and volume (number) of shares:     Price              Volume (s)

 4c)

       141.0 pence                                                   20,000
       Totals from 4(c):                                             Aggregated Price   Volume (s)

 4d)

       141.0 pence                                                   20,000
 4e)   Date of execution of transaction:                               10 April 2024
 4f)   Place of transaction:                                         London Stock Exchange (LSE)

 

ENDS

For further information, please contact:

 

Town Centre Securities
PLC
      www.tcs-plc.co.uk (http://www.tcs-plc.co.uk/) / @TCS PLC

Edward Ziff, Chairman and Chief Executive
                                       0113 222 1234

Stewart MacNeill, Group Finance Director

 

 

MHP
Communications                                                                                                 020
3128 8100

Reg Hoare / Matthew Taylor
                                                       tcs@mhpgroup.com
(mailto:tcs@mhpgroup.com)

 

 

Notes to Editors:

Town Centre Securities PLC (TCS) is a Leeds, Manchester, Glasgow and London
based property investment and car parking operator with assets of £300m. With
more than 60 years' experience, a commitment to sustainable development and a
reputation for quality and innovation, TCS create mixed use developments close
to transport hubs in major cities across the UK.

 

For more information visit www.tcs-plc.co.uk (http://www.tcs-plc.co.uk)

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