Director/PDMR Shareholding

Summary by AI BETAClose X

Town Centre Securities PLC announced that Non-Executive Director Michael Ziff sold 25,000 ordinary shares on January 8, 2026, for 124.0 pence per share, representing 0.06% of the issued share capital. Following this transaction, Michael Ziff's beneficial shareholding is 2,351,103 shares (5.6%) and his non-beneficial holding is 7,443,445 shares (17.7%). The Ziff Concert Party, which includes other directors and family members, now holds 56.6% of the total issued share capital.

Disclaimer*

Town Centre Securities PLC
09 January 2026
 

9 January 2026

Town Centre Securities PLC
('TCS' or 'The Company')

Change in notifiable holding by Director of TCS PLC

The Company  was notified on 8 January 2026 by Michael Ziff, Non-Executive Director that he has sold a total of 25,000 TCS shares representing 0.06% of the Company's issued share capital. The sale took place on 8 January 2026.

Following this sale, Michael Ziff's shareholding in TCS now totals 2,351,103 beneficial shares and 7,443,445 non-beneficial shares. These holdings equate to 5.6% 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, their children and a number of trusts of which they are both trustees. Following this sale, the Ziff Concert Party's shareholding in TCS is 56.6% 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 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:

Sale

 

4c)

Price per share (in pence) and volume (number) of shares:

Price

Volume (s)

 

124.0 pence

 

25,000

 

4d)

Totals from 4(c):

 

Aggregated Price

Volume (s)

 

124.0 pence

 

25,000

4e)

Date of execution of transaction:

  8 January 2026

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 

 tcs@mhpgroup.com

Reg Hoare / Matthew Taylor

 

 +44 7827 662831

 

 

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 £280m. 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

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