24 October
2024
Town
Centre Securities PLC
('TCS' or 'The Company')
Transfer of shares by
Directors of TCS / PDMR Dealing
The Company was notified on 24
October 2024 by Edward Ziff, Executive Director, that the Estate of
Dr Marjorie Ziff has transferred a total of 649,278 TCS shares to
the Marjorie and Arnold Ziff Charitable Foundation, representing
1.5% of the Company's issued share capital. The transfer took place
on 23 October 2024. Both the Estate of Dr Marjorie Ziff and
the Marjorie and Arnold Ziff Charitable Foundation are included
within the non-beneficial shareholdings of both Edward Ziff and
Michael Ziff, Non-Executive Director.
Following this transfer, Edward
Ziff's shareholding in TCS remains at 5,496,926 beneficial shares
and 10,853,427 non-beneficial shares. These holdings equate to
13.0% and 25.7% respectively of the total issued share
capital.
Following this transfer Michael
Ziff's shareholding in TCS remains at 2,452,255 beneficial shares
and 7,443,445 non-beneficial shares. These holdings equate to 5.8%
and 17.7% 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, the estate of their late mother, their
children and a number of trusts of which they are both trustees.
The Ziff Concert Party's shareholding in TCS remains the same at
56.9% 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 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 from Estate of Dr Marjorie
Ziff (reduction in non-beneficial holding)
|
|
4c)
|
Price per share (in pence) and
volume (number) of shares:
|
Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4d)
|
Totals from 4(c):
|
Aggregated Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4e)
|
Date of execution of
transaction:
|
23 October 2024
|
|
4f)
|
Place of transaction:
|
Outside of trading venue
|
|
|
|
|
| |
|
1
|
Details of the PDMR/person closely
associated
|
|
|
Name:
|
Edward 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 to Marjorie and Arnold Ziff
Charitable Foundation (increase in non-beneficial
holding)
|
|
4c)
|
Price per share (in pence) and
volume (number) of shares:
|
Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4d)
|
Totals from 4(c):
|
Aggregated Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4e)
|
Date of execution of
transaction:
|
23 October 2024
|
|
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 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 from Estate of Dr Marjorie
Ziff (reduction in non-beneficial holding)
|
|
4c)
|
Price per share (in pence) and
volume (number) of shares:
|
Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4d)
|
Totals from 4(c):
|
Aggregated Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4e)
|
Date of execution of
transaction:
|
23 October 2024
|
|
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 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 to Marjorie and Arnold Ziff
Charitable Foundation (increase in non-beneficial
holding)
|
|
4c)
|
Price per share (in pence) and
volume (number) of shares:
|
Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4d)
|
Totals from 4(c):
|
Aggregated Price
|
Volume
(s)
|
|
140.0 pence
|
649,278
|
|
4e)
|
Date of execution of
transaction:
|
23 October 2024
|
|
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
Stewart MacNeill, Group Finance
Director
MHP
Communications
tcs@mhpgroup.com
Reg Hoare / Matthew
Taylor
+447827662831
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 £290m.
With more than 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.
For more information visit
www.tcs-plc.co.uk