5 Oct 2018 07:00
5 October 2018
Town Centre Securities PLC('TCS' or the 'Company')
PDMR share dealing
Town Centre Securities PLC, the Leeds, Manchester, Scotland, and London property investment, development and car parking company, announces it was notified on 2 October 2018 that Michael Ziff sold 50,000 TCS ordinary shares on 2 October 2018 at a price of 270 pence per share, representing 0.09% of the Company's issued ordinary share capital.
Following the sale Michael Ziff's shareholding in TCS now totals 2,559,513 beneficial shares and remains unchanged at 9,324,033 non-beneficial shares. These holdings equate to 4.8% and 17.5% respectively 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: | Disposal | ||
4c)
| Price per share (in pence) and volume (number) of shares: | Price | Volume (s) | |
270 pence |
50,000 | |||
4d) | Totals from 4(c):
| Aggregated Price | Volume (s) | |
270 pence |
50,000 | |||
4e) | Date of execution of transaction: | 2 October 2018 | ||
4f) | Place of transaction: | London Stock Exchange (LSE) | ||
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 / Alistair de Kare- Silver 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 £400m. With more than 50 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 £30m.
For more information visit www.tcs-plc.co.uk
Town Centre (TOWN)