TCSC Town Centre

RNS Number:4608D
Town Centre Securities PLC
23 May 2006


For immediate release                                    Tuesday, 23 May 2006



                   Town Centre Securities PLC ("The Company")

                           Director/PDMR shareholding

The Company received notification today that Mr Edward Ziff, Chairman and Chief
Executive, partially exercised his option over 10,000 ordinary shares of 25p
each in the Company granted to him under the 1994 Unapproved Share Option
Scheme, at an exercise price of 104p per share, on 22 May 2006, representing
0.018% of the issued ordinary share capital of the Company.

Mr Ziff intends to retain these shares and as a result is now beneficially
interested in a total of 7,526,958 ordinary shares, representing 13.58% of the
total shares in issue. In addition Mr Ziff has remaining options over 62,727
shares.

In addition the Company received notification today that Mr Richard Lewis,
Development Director, partially exercised his option over 15,000 ordinary shares
of 25p each in the Company granted to him under the 1994 Unapproved Share Option
Scheme, at an exercise price of 116.5p per share, on 22 May 2006, representing
0.027% of the issued ordinary share capital of the Company.

Mr Lewis is now beneficially interested in 256,452 ordinary shares representing
0.463% of the issued ordinary share capital. In addition Mr Lewis has remaining
options over 133,667 shares.

In addition the Company received notification today that Mr James Crawford,
Investment Director, partially exercised his option over 15,000 ordinary shares
of 25p each in the Company granted to him under the 1994 Unapproved Share Option
Scheme, at an exercise price of 104p per share, on 22 May 2006, representing
0.027% of the issued ordinary share capital of the Company.

Mr Crawford is now beneficially interested in 291,416 ordinary shares
representing 0.526% of the issued ordinary share capital. In addition Mr
Crawford has remaining options over 95,227 shares.



For further information, please contact:

Town Centre Securities plc                            www.tcs-plc.com
Edward Ziff, Chief Executive                          0113 222 1234
John Sutcliffe, Finance Director

Smithfield
Reg Hoare/Katie Hunt                                  020 7360 4900




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
RDSSEUFMDSMSEII

Town Centre (LSE:TCSC)
Historical Stock Chart
From Aug 2024 to Sep 2024

Town Centre (LSE:TCSC)
Historical Stock Chart
From Sep 2023 to Sep 2024