TOWN CENTRE SECURITIES PLC Change in notifiable holding by Directors of TCS
Released : 20/03/2020
RNS Number : 0307H
Town Centre Securities PLC
20 March 2020
20 March 2020
Town Centre Securities PLC ('TCS' or 'The Company')
Change in notifiable holding by Directors of TCS PLC
The Company has been notified by Benjamin Ziff, Executive Director and Michael Ziff, Non‐Executive Director, that they have received TCS shares by way of transfer from Dr Marjorie Ziff. Benjamin Ziff received 35,000 shares, and Michael Ziff received 80,000 shares representing 0.07% and 0.15% of the Company's issued share capital respectively. The shares were transferred on 18 March 2020 and the Company was informed that this transfer had completed on 18 March 2020.
Following these changes:
- Benjamin Ziff's shareholding in TCS now totals 335,443 of beneficial shares, equating to 0.6% of the total issued share capital.
- Michael Ziff's shareholding in TCS now totals 2,619,081 beneficial shares and 7,685,121 non‐beneficial shares. These holdings equate to 4.9% and 14.5% 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, their mother, their children and a number of trusts of which they are both trustees. These transfers do not change the Ziff Concert Party's shareholding in TCS which totals 51.3% of the total issued share capital.
1 | Details of the PDMR/person closely associated | ||||
Name: | Benjamin 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 (increase in holding) | |||
Price per share (in pence) and | Price | Volume (s) | |||
volume (number) of shares: | |||||
4c) | n/a ‐ transfer | 35,000 | |||
Totals from 4(c): | Aggregated Price | Volume (s) | |||
4d) | |||||
n/a ‐ transfer | 35,000 | ||||
4e) | Date of execution of | 18 March 2020 | |||
transaction: | |||||
4f) | Place of transaction: | London Stock Exchange (LSE) | |||
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 (increase in holding) | |||
Price per share (in pence) and | Price | Volume (s) | |||
volume (number) of shares: | |||||
4c) | n/a ‐ transfer | 80,000 | |||
Totals from 4(c): | Aggregated Price | Volume (s) | |||
4d) | |||||
n/a ‐ transfer | 80,000 | ||||
4e) | Date of execution of | 18 March 2020 | |||
transaction: | |||||
4f) | Place of transaction: | Outside of trading venue | |||
‐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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.comor visit www.rns.com.
END
DSHBDGDXRGDDGGG
Attachments
- Original document
- Permalink
Disclaimer
Town Centre Securities plc published this content on 20 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2020 13:02:36 UTC
