Director/PDMR Shareholding

Summary by AI BETAClose X

Town Centre Securities PLC announced that Non-Executive Director Michael Ziff sold 100,000 ordinary shares, representing 0.24% of the issued share capital, on July 30, 2026, at a price of 129.5 pence per share. Following this transaction, Michael Ziff's beneficial shareholding is 2,199,821 shares (5.2%) and his non-beneficial holding is 7,443,445 shares (17.7%). The Ziff Concert Party, which includes other directors and family members, now collectively holds 56.3% of the company's issued share capital.

Disclaimer*

Town Centre Securities PLC
31 July 2026
 

31 July 2026

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

Change in notifiable holding by Director of TCS PLC

The Company was notified on 30 July 2026 by Michael Ziff, Non-Executive Director that he has sold a total of 100,000 TCS shares representing 0.24% of the Company's issued share capital. The sale took place on 30 July 2026.

Following this sale, Michael Ziff's shareholding in TCS now totals 2,199,821 beneficial shares and 7,443,445 non-beneficial shares. These holdings equate to 5.2% 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 56.3% 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)

 

129.5 pence

 

100,000

 

4d)

Totals from 4(c):

 

Aggregated Price

Volume (s)

 

129.5 pence

 

100,000

4e)

Date of execution of transaction:

  30 July 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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