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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.50 | -1.06% | 140.50 | 138.00 | 143.00 | 145.00 | 145.00 | 145.00 | 4,444 | 16:35:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Investment Trust | 32.89M | -8.01M | -0.1900 | -7.63 | 59.87M |
From Mar 2023 to Mar 2025
TIDMTOWN
RNS Number : 1866W
Town Centre Securities PLC
14 April 2023
14 April 2023
Town Centre Securities PLC
(The 'Group' or the 'Company')
Sale of part of Whitehall Riverside, Leeds
Town Centre Securities PLC, the Leeds, Manchester, Glasgow and London property investment, development, car park and hotel operator, today announces completion of the sale of part of its development site at Whitehall Riverside, Leeds .
The Company is pleased to announce that on 12 April 2023 it completed on the sale of the residential element of the new masterplan at Whitehall Riverside, Leeds to the build-to-rent residential developer, Glenbrook for GBP13.0m . The book value of this element of the Company's Whitehall Riverside development site at 31 December 2022 was GBP10.0m.
GBP10.0m of the proceeds from the sale will be used to repay bank borrowings with the balance retained for working capital purposes, to bring forward further development on the remainder of the site and to fund further opportunistic investments.
ENDS
For further information, please contact:
Town Centre Securities PLC www.tcs-plc.co.uk / @TCS PLC Edward Ziff, Chairman and Chief Executive Stewart MacNeill, Group Finance Director 0113 222 1234 MHP Group 020 3128 8567 Reg Hoare / Matthew Taylor tcs@mhpgroup.com Liberum www.liberum.com Jamie Richards / Lauren Kettle / Nikhil Varghese 020 3100 2123 Peel Hunt www.peelhunt.com Carl Gough / Henry Nicholls 020 3597 8673 / 8640
Town Centre Securities PLC (TCS) is a Leeds based property investor, car park and hotel operator with assets of over GBP300m. With more than 60 years' experience, a commitment to sustainable development and a reputation for quality and innovation, TCS creates mixed use developments close to transport hubs in targeted major regional cities across the UK.
For more information visit www.tcs-plc.co.uk
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END
DISEAXLDFDEDEFA
(END) Dow Jones Newswires
April 14, 2023 02:00 ET (06:00 GMT)
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