Town Centre Regulatory News (TOWN)

28 February 2020

Town Centre Securities PLC

('The Company' or 'TCS')

Directorate Change

Town Centre Securities PLC (TCS) today announces that Lynda Shillaw, Group Property Director, is to leave the business and will stand down from the Board on the 31st October 2020 in order to focus on further building her Non-Executive career. 

In her time at TCS Lynda has focussed on further developing the strategy of the business and strengthening the team, including the hiring of three new Associate Directors, to deliver on key strategic initiatives going forward. The Company will proceed in due course with a search for a suitable replacement. Lynda will continue to work on key projects with TCS in a consultancy capacity.

Edward Ziff, Chairman and Chief Executive commented; "I would like to thank Lynda for her significant contribution and insight during her time with the company. Her experience has been important in helping shape the future direction of the Company, and we wish her well as she pursues the next stage of her career."

Lynda commented " I have thoroughly enjoyed working at TCS and would like to thank Edward and the rest of the Board for their support during my time with the Company and their understanding in my reaching this decision to pursue new opportunities"

 Lynda is a Non-Executive Director of the Crown Estate and VIVID Housing Association.

-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

Mark Dilley, Group Finance Director

MHP Communications 0203 128 8742

Reg Hoare / Alastair de Kare-Silver / Florence Mayo tcs@mhpc.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 over £394m. With 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. Their current portfolio delivers an annual income of more than £31m.

For more information visit www.tcs-plc.co.uk