Town Centre Securities PLC Appointment of Lynda Shillaw as Property Director (3518Y)
August 21 2018 - 1:00AM
UK Regulatory
TIDMTOWN
RNS Number : 3518Y
Town Centre Securities PLC
21 August 2018
21 August 2018
Town Centre Securities PLC
(The 'Group' or the 'Company')
Directorate Change
Appointment of Lynda Shillaw as Property Director
Town Centre Securities, the Leeds, Manchester, Scotland and
London property investor and car park operator, today announces the
appointment of Lynda Shillaw as its new Property Director; she will
join the Board on 5 November 2018. Richard Lewis, the Company's
current Property Director, will retire as planned from the Board
and the Company.
Lynda joins Town Centre Securities from Manchester Airports
Group ('MAG') where she has served as the Divisional Chief
Executive Officer, Property since June 2014. Lynda is a member of
the MAG Executive Committee, responsible for MAG's GBP525m
Investment portfolio and 1,000 acre development land bank across
its UK airports, and also MAG's interest in the GBP1bn Airport City
Joint Venture. Prior to MAG, Lynda has been Director of Real Estate
at Scottish Widows Investment Partnership, Managing Director and
Global Head of Corporate Real Estate for Lloyds Banking Group,
Managing Director of Co-Operative Estates, and Director of Property
at BT plc. Lynda holds Non-Executive Director positions on the
board of the Crown Estate and VIVID housing association.
Richard Lewis has had a long and distinguished career at Town
Centre Securities; he joined the Company in 2000 and was appointed
to the Board in 2001.
Edward Ziff, Chairman and Chief Executive, said:
"We are delighted to have recruited someone with the calibre and
reputation of Lynda Shillaw to join Town Centre Securities. We
believe that Lynda's breadth of investment and development
experience, combined with her past involvement in real estate
financing will be invaluable as we embark on the next stage of the
Company's growth, including undertaking the most significant
development pipeline in TCS's history. We are confident that
Lynda's passion for delivery combined with her reputation and
knowledge will make her a powerful new addition to the TCS
team.
"On behalf of the Board, I would like to personally thank
Richard Lewis for his long-standing commitment to Town Centre
Securities. Richard's contribution has been invaluable, notably
with some of our most significant schemes, beginning with the
construction and sale of No1 Whitehall Riverside in Leeds, the
continued development of Piccadilly Basin in Manchester, and most
recently the re-development of Merrion House in Leeds. We wish
Richard a long, happy, and healthy retirement."
There are no matters in connection with this appointment to be
disclosed under section 9.6.13 of the Listing Rules of the UK
Listing Authority.
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 020 3128 8572 / 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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