Director/PDMR Shareholding
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.
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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 |
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