Town Centre Securities PLC PDMR share dealing (0591D)

TIDMTOWN

RNS Number : 0591D

Town Centre Securities PLC

05 October 2018

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                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:       Disposal 
      -------------------------------  ------------------------------ 
       Price per share (in                  Price         Volume (s) 
        pence) and volume 
        (number) of shares: 
      -------------------------------  ---------------  ------------- 
 
 4c)                                      270 pence        50,000 
      -----------------------------    ---------------  ------------- 
       Totals from 4(c):                  Aggregated      Volume (s) 
                                             Price 
      -------------------------------  ---------------  ------------- 
 
 4d)                                      270 pence        50,000 
      -----------------------------    ---------------  ------------- 
 4e)   Date of execution                2 October 2018 
        of transaction: 
      -------------------------------  ------------------------------ 
 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 [e-mail]

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 GBP400m. 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 [e-mail] or visit www.rns.com.

END

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October 05, 2018 02:00 ET (06:00 GMT)