Town Centre Securities PLC PDMR share dealing (2972S)

TIDMTOWN

RNS Number : 2972S

Town Centre Securities PLC

08 March 2019

8 March 2019

Town Centre Securities PLC

('TCS' or 'The Company')

PDMR share dealing

The Company has been notified by Michael Ziff, Non-Executive Director, that he has sold 100,000 TCS shares at a price of 219p pence per share, representing 0.18% of the Company's issued share capital. The transaction occurred on 7 March.

Following the sale Michael Ziff's shareholding in TCS now totals 2,569,081 beneficial shares and remains unchanged at 8,155,121 non-beneficial shares. These holdings equate to 4.8% and 15.3% 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)                                      219 pence        100,000 
      -----------------------------    ---------------  ------------- 
       Totals from 4(c):                  Aggregated      Volume (s) 
                                             Price 
      -------------------------------  ---------------  ------------- 
 
 4d)                                      219 pence        100,000 
      -----------------------------    ---------------  ------------- 
 4e)   Date of execution                7 March 2019 
        of transaction: 
      -------------------------------  ------------------------------ 
 4f)   Place of transaction:            London Stock Exchange (LSE) 
      -------------------------------  ------------------------------ 
 
 

The Company was informed that this transfer had completed on 7 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 [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 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 [e-mail] or visit www.rns.com.

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March 08, 2019 03:43 ET (08:43 GMT)