REG - Town Centre Secs. - Director/PDMR Shareholding

Town Centre SecuritiesAnnouncement

24/10/2024 16:30

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RNS Number : 5329J  Town Centre Securities PLC  24 October 2024

24 October 2024

Town Centre Securities PLC

('TCS' or 'The Company')

Transfer of shares by Directors of TCS / PDMR Dealing

The Company was notified on 24 October 2024 by Edward Ziff, Executive
Director, that the Estate of Dr Marjorie Ziff has transferred a total of
649,278 TCS shares to the Marjorie and Arnold Ziff Charitable Foundation,
representing 1.5% of the Company's issued share capital. The transfer took
place on 23 October 2024.  Both the Estate of Dr Marjorie Ziff and the
Marjorie and Arnold Ziff Charitable Foundation are included within the
non-beneficial shareholdings of both Edward Ziff and Michael Ziff,
Non-Executive Director.

Following this transfer, Edward Ziff's shareholding in TCS remains at
5,496,926 beneficial shares and 10,853,427 non-beneficial shares. These
holdings equate to 13.0% and 25.7% respectively of the total issued share
capital.

Following this transfer Michael Ziff's shareholding in TCS remains at
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. The Ziff Concert Party's shareholding
in TCS remains the same at 56.9% of the total issued share capital.

 

 1     Details of the PDMR/person closely associated
       Name:                            Edward Ziff
 2     Reason for the notification
 2a)   Job title/role of PDMR:                                       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:                                    Transfer from Estate of Dr Marjorie Ziff (reduction in non-beneficial holding)
       Price per share (in pence) and volume (number) of shares:     Price                                     Volume (s)

 4c)

       140.0 pence                                                   649,278
       Totals from 4(c):                                             Aggregated Price                          Volume (s)

 4d)

       140.0 pence                                                   649,278
 4e)   Date of execution of transaction:                             23 October 2024
 4f)   Place of transaction:                                         Outside of trading venue

 

 1     Details of the PDMR/person closely associated
       Name:                            Edward Ziff
 2     Reason for the notification
 2a)   Job title/role of PDMR:                                       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:                                    Transfer to Marjorie and Arnold Ziff Charitable Foundation (increase in
                                                                     non-beneficial holding)
       Price per share (in pence) and volume (number) of shares:     Price                                 Volume (s)

 4c)

       140.0 pence                                                   649,278
       Totals from 4(c):                                             Aggregated Price                      Volume (s)

 4d)

       140.0 pence                                                   649,278
 4e)   Date of execution of transaction:                             23 October 2024
 4f)   Place of transaction:                                         Outside of trading venue

 

 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:                                    Transfer from Estate of Dr Marjorie Ziff (reduction in non-beneficial holding)
       Price per share (in pence) and volume (number) of shares:     Price                                     Volume (s)

 4c)

       140.0 pence                                                   649,278
       Totals from 4(c):                                             Aggregated Price                          Volume (s)

 4d)

       140.0 pence                                                   649,278
 4e)   Date of execution of transaction:                             23 October 2024
 4f)   Place of transaction:                                         Outside of trading venue

 

 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:                                    Transfer to Marjorie and Arnold Ziff Charitable Foundation (increase in
                                                                     non-beneficial holding)
       Price per share (in pence) and volume (number) of shares:     Price                                 Volume (s)

 4c)

       140.0 pence                                                   649,278
       Totals from 4(c):                                             Aggregated Price                      Volume (s)

 4d)

       140.0 pence                                                   649,278
 4e)   Date of execution of transaction:                             23 October 2024
 4f)   Place of transaction:                                         Outside of trading venue

 

 

 

ENDS

For further information, please contact:

 

Town Centre Securities PLC
 
   www.tcs-plc.co.uk
(https://protect.checkpoint.com/v2/___http:/www.tcs-plc.co.uk/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo0MWQzYzNhZjQyYzgxN2RjYmU4NzMwNTVlMjc0NDM0Yzo2OjU4OTA6NjUxMDcxMjQxNzBlOTMzMzc1MjcwMTllNmViMzMwZTg1Yzg4MDUwOTcwNmM2YWYyNmIxZjE0YTBiNjc1YWNiNTpwOlQ6Tg)
/ @TCS PLC

Edward Ziff, Chairman and Chief Executive
                                 0113 222 1234

Stewart MacNeill, Group Finance Director

 

 

MHP Communications
 
tcs@mhpgroup.com (mailto:tcs@mhpgroup.com)

Reg Hoare / Matthew
Taylor
               +447827662831

 

 

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 £290m. 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
(https://protect.checkpoint.com/v2/___http:/www.tcs-plc.co.uk___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo0MWQzYzNhZjQyYzgxN2RjYmU4NzMwNTVlMjc0NDM0Yzo2OmExZjk6N2RjYjZhNmM5ODg4ZjgwNGQ1YTM0ZWQxYWM1MDFmYzlkMmUxZGY1NjE3OGFiYjAxNzNjOTJkOWM5MDRlYWYwNjpwOlQ6Tg)

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