(Alliance News) - Town Centre Securities PLC on Wednesday said it turned to an annual loss due to a loss on investments, but it set out an optimistic outlook. Read More
Town Centre Securities PLC - Leeds, England-based property investor, car park and hotel operator - Buys the remaining 50% interest in its Belgravia Living Group Ltd joint venture. The JV is between the company and the Highgrove Group, set up in 2016. As at December 31, Town Center's investment in BLG was GBP6.5 million. Net investment made today amounts to GBP3.5 million. Total investment now totals GBP10.0 million. Read More
Town Centre Securities PLC - Leeds, England-based property investor, car park and hotel operator - Completes the sale of the residential element of the development site at Whitehall Riverside in Leeds to build-to-rent residential developer Glenbrook for GBP13.0 million. The book value of this part of the development site at December 31 was GBP10.0 million. The proceeds from the sale will be used to repay bank borrowings with the balance retained for working capital, such bringing forward further development on the remainder of the site and to fund further investments. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Town Centre Securities PLC on Thursday said it will promote development director Craig Burrow to the role of group property director. Read More
Town Centre Securities PLC - Leeds, England-based property investment and car parking operator - Completes the sale of its surface level car park at Port Street, Manchester, to Select Property Group for GBP13.0 million. Notes that the book value of the car park at June 30 was GBP12.8 million, and the net income generated in the financial year ended June 30 was GBP124,000. Says proceeds will be used to repay bank borrowings. Read More
(Alliance News) Town Centre Securities PLC on Friday said it profited from a diversified portfolio as it gained on investments during its financial year. Read More
Town Centre Securities PLC - Leeds, England-based property investment and car parking operator - Says 4.0 million shares have been repurchased via a tender offer at a price of 185.0 pence each. This represents a 19% premium to the company's closing price of 155p on July 14, being the last business day before the announcement. In total, this will return GBP7.4 million to shareholders. The 4.0 million shares represent around 7.6% of the company's issued share capital and will reduce share capital to 48.5 million shares, from 52.5 million shares. Read More
Town Centre Securities PLC - Leeds, England-based property investment and car parking operator - Intends to return up to GBP7.4 million to its shareholders through a cash tender offer. Proposes 4.0 million shares, representing 7.6% of the company's share capital, for purchase under the tender offer at a price of 185 pence per share. This represents a 19% premium to the company's closing price of 155p on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Town Centre Securities PLC - Leeds, England-based property investment and car parking operator - Confirms Sky News press report that YourParkingSpace Ltd is in "advanced stages" of a sale to Flowbird Group, but says some details in the press article are "inaccurate". Says if successfully completed, the sale will result in Town Centre Securities receiving up to GBP20.7 million for its stake in the online parking platform. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More