2nd Apr 2015 06:47
(An item published at 1809 BST on Wednesday April 1 misstated the identity of one of the directors. This correction clarifies that Non-Executive Director Michael Ziff was involved in share dealings.)
LONDON (Alliance News) - Town Centre Securities PLC Wednesday said that Michael Ziff, a non-executive director, has sold 50,000 shares in the company at 301.5 pence per share and gave another 30,000 to his children as a gift.
Ziff's share dealings took, which took place on Wednesday, mean he now holds beneficially 3.2 million shares, a 6.0% stake in the company, and 13.0 million non-beneficially, a 24.4% stake, together making a 30.4% shareholding.
In addition, Finance Director Duncan Syers has acquired 10,000 shares in the company at 275 pence per share. Syers, who bought the shares in a deal that took place off-market on December 24, 2014, now holds a 0.02% stake in the company and the shares purchases comprise his total holding.
By Samuel Agini; [email protected]; @samuelagini
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