Town Centre Securities PLC Change in notifiable holding by a Director (5197X)
August 10 2018 - 9:16AM
UK Regulatory
TIDMTOWN
RNS Number : 5197X
Town Centre Securities PLC
10 August 2018
10 August 2018
Town Centre Securities PLC
('TCS')
Change in notifiable holding by a Director of TCS PLC
The Company has been notified by Michael Ziff, Non-Executive
Director, that he and his wife are no longer Trustees for 1,281,859
TCS shares. These shares have previously been declared as part of
Michael Ziff's non-beneficial shareholding. Trustee responsibility
has been passed to Michael's three sons. As a result, these shares
will no longer be recognised as part of Michael Ziff's
non-beneficial shareholding. They remain however part of the
declared Ziff Concert Party holding.
This change in trusteeship has not given rise to the disposal of
any shares.
Following this change Michael Ziff's shareholding in TCS now
totals 2,609,513 beneficial shares and 9,324,033 non-beneficial
shares. These holdings equate to 4.9% and 17.5% respectively of the
total issued share capital.
The Ziff Concert Party, the composition of which has previously
been agreed with the Takeover Panel, comprises two Directors,
Edward Ziff and Michael Ziff and their immediate families including
their sister, their mother, their children and a number of trusts
of which they are both trustees.
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 tcs@mhpc.com
Notes to Editors:
Town Centre Securities PLC (TCS) is a Leeds based property
investor and car park operator with assets of approximately
GBP385m. With more than 50 years' experience, a commitment to
sustainable development and a reputation for quality and
innovation, TCS creates mixed use developments close to transport
hubs in major cities across the UK. Its current portfolio delivers
an annual income of more than GBP26m.
For more information visit www.tcs-plc.co.uk
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END
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