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.
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1
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Details of the PDMR/person closely
associated
|
|
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Name:
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Michael Ziff
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2
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Reason for the notification
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2a)
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Job title/role of PDMR:
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Non-Executive Director
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2b)
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Status of this
notification:
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Initial notification
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3
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Details of the issuer
|
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a)
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Name:
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Town Centre Securities Plc
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b)
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LEI:
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213800XRCH9RW2RIZD79
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4
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Details of the transaction(s)
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4a)
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Type of instrument:
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Ordinary shares of 25 pence
each
ISIN: GB0003062816
|
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4b)
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Nature of the
transaction:
|
Sale
|
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4c)
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Price per share (in pence) and
volume (number) of shares:
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Price
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Volume
(s)
|
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141.0 pence
|
20,000
|
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4d)
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Totals from 4(c):
|
Aggregated Price
|
Volume
(s)
|
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141.0 pence
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20,000
|
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4e)
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Date of execution of
transaction:
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10 April 2024
|
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4f)
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Place of transaction:
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London Stock Exchange
(LSE)
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|
|
|
|
| |
ENDS
For further information, please
contact:
Town Centre Securities
PLC
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
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