ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TOWN Town Centre Securities Plc

141.00
0.00 (0.00%)
Last Updated: 08:03:52
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Town Centre Securities Plc LSE:TOWN London Ordinary Share GB0003062816 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 141.00 138.00 144.00 0.00 08:03:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 31.2M -29.88M -0.5687 -2.48 74.07M

Town Centre Securities PLC Change in notifiable holding by Directors of TCS (7814R)

05/03/2019 7:02am

UK Regulatory


Town Centre Securities (LSE:TOWN)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Town Centre Securities Charts.

TIDMTOWN

RNS Number : 7814R

Town Centre Securities PLC

05 March 2019

5 March 2019

Town Centre Securities PLC

('TCS' or 'The Company')

Change in notifiable holding by Directors of TCS PLC

The Company has been notified by Edward Ziff, Chairman and Chief Executive and Michael Ziff, Non-Executive Director, that they are no longer Trustees for 384,544 TCS shares. These shares have previously been declared as part of Edward Ziff's and Michael Ziff's non-beneficial shareholding. As a result, these shares will no longer form part of their non-beneficial shareholding.

These shares remain part of the declared Ziff Concert Party holding as the shares have been transferred to the beneficial ownership of Michael Ziff, the children of Edward Ziff, and Edward and Michael's sister, Ann Manning.

Following these changes:

1. Edward Ziff's shareholding in TCS now totals 5,483,354 beneficial shares and 16,005,835 non-beneficial shares. These holdings equate to 10.3% and 30.1% respectively of the total issued share capital.

2. Michael Ziff's shareholding in TCS now totals 2,669,081 beneficial shares and 8,155,121 non-beneficial shares. These holdings equate to 5.0% and 15.3% respectively of the total issued share capital.

3. Benjamin Ziff's (Executive Director) shareholding in TCS increases to 300,443 representing 0.6% 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. The Ziff Concert Party's shareholding in TCS remains unchanged at 51.7% 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                Chairman & Chief Executive 
        PDMR: 
      -------------------------------  ---------------------------------- 
 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 (reduction in holding) 
      -------------------------------  ---------------------------------- 
       Price per share (in                     Price          Volume (s) 
        pence) and volume 
        (number) of shares: 
      -------------------------------  --------------------  ------------ 
 
 4c)                                      n/a - transfer        384,544 
      -----------------------------    --------------------  ------------ 
       Totals from 4(c):                    Aggregated        Volume (s) 
                                               Price 
      -------------------------------  --------------------  ------------ 
 
 4d)                                      n/a transfer          384,544 
      -----------------------------    --------------------  ------------ 
 4e)   Date of execution                4 March 2019 
        of transaction: 
      -------------------------------  ---------------------------------- 
 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                Non-executive Director 
        PDMR: 
      -------------------------------  ---------------------------------- 
 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 (reduction in holding) 
      -------------------------------  ---------------------------------- 
       Price per share (in                     Price          Volume (s) 
        pence) and volume 
        (number) of shares: 
      -------------------------------  --------------------  ------------ 
 
 4c)                                      n/a - transfer        384,544 
      -----------------------------    --------------------  ------------ 
       Totals from 4(c):                    Aggregated        Volume (s) 
                                               Price 
      -------------------------------  --------------------  ------------ 
 
 4d)                                      n/a transfer          384,544 
      -----------------------------    --------------------  ------------ 
 4e)   Date of execution                4 March 2019 
        of transaction: 
      -------------------------------  ---------------------------------- 
 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                Non-executive Director 
        PDMR: 
      -------------------------------  --------------------------------- 
 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                    Price          Volume (s) 
        pence) and volume 
        (number) of shares: 
      -------------------------------  -------------------  ------------ 
 
 4c)                                      n/a - transfer       109,568 
      -----------------------------    -------------------  ------------ 
       Totals from 4(c):                    Aggregated       Volume (s) 
                                               Price 
      -------------------------------  -------------------  ------------ 
 
 4d)                                      n/a transfer         109,568 
      -----------------------------    -------------------  ------------ 
 4e)   Date of execution                4 March 2019 
        of transaction: 
      -------------------------------  --------------------------------- 
 4f)   Place of transaction:            Outside of trading venue 
      -------------------------------  --------------------------------- 
 
 
 
 1     Details of the PDMR/person closely associated 
       Name:                          Benjamin Ziff 
      -----------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------ 
 2a)   Job title/role of                Executive Director 
        PDMR: 
      -------------------------------  --------------------------------- 
 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                    Price          Volume (s) 
        pence) and volume 
        (number) of shares: 
      -------------------------------  -------------------  ------------ 
 
 4c)                                      n/a - transfer       36,060 
      -----------------------------    -------------------  ------------ 
       Totals from 4(c):                    Aggregated       Volume (s) 
                                               Price 
      -------------------------------  -------------------  ------------ 
 
 4d)                                      n/a transfer         36,060 
      -----------------------------    -------------------  ------------ 
 4e)   Date of execution                4 March 2019 
        of transaction: 
      -------------------------------  --------------------------------- 
 4f)   Place of transaction:            Outside of trading venue 
      -------------------------------  --------------------------------- 
 
 

The Company was informed that this transfer had completed on 4 March 2019.

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 GBP370m. 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 GBP30m.

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.com or visit www.rns.com.

END

DSHBSGDXSXGBGCS

(END) Dow Jones Newswires

March 05, 2019 02:02 ET (07:02 GMT)

1 Year Town Centre Securities Chart

1 Year Town Centre Securities Chart

1 Month Town Centre Securities Chart

1 Month Town Centre Securities Chart

Your Recent History

Delayed Upgrade Clock