Town Centre Securities ( (GB:TOWN) ) has provided an update.
Michael Ziff, a Non-Executive Director at Town Centre Securities PLC, has sold 30,000 shares, representing 0.07% of the company’s issued share capital. This transaction reduces Ziff’s beneficial shareholding to 5.6% and non-beneficial shareholding to 17.7% of TCS’s total issued share capital. The Ziff Concert Party, a controlling group of shareholders, still maintains a significant 56.9% stake in the company. This move may signal changes in individual director’s financial approach but maintains the overall control of the company within a concentrated group, potentially affecting future strategic decisions.
More about Town Centre Securities
Town Centre Securities PLC is a property investment and car parking operator based in Leeds, Manchester, Glasgow, and London, with assets valued at £290 million. The company has over 60 years of experience and is known for its commitment to sustainable development, quality, and innovation, focusing on creating mixed-use developments near transport hubs in major UK cities.
YTD Price Performance: -4.03%
Average Trading Volume: 6,087
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £50.09M
See more data about TOWN stock on TipRanks’ Stock Analysis page.