27th Mar 2014 07:03
27 March 2014
Town Centre Securities PLC
Appointment of Finance Director
Town Centre Securities PLC ("Town Centre" or "the Company") today announces the appointment of Duncan Syers as the Company's new Finance Director and Company Secretary with effect from April 12th 2014. This follows the announcement on 21 March that Chris Kelly, currently Finance Director and Company Secretary, will be leaving the company on 11 April 2014.
Duncan was previously finance director of Town Centre from 1993 until 2001. During that time he was also chief executive of the Company's car parking operation which expanded significantly through acquisition in the late 1990's. The operation was successfully sold for £40m to Q Park NV, a European Parking group in 2001 and Duncan left the group to become Group Finance Director of Q Park NV.
In 2003 he left Q Park and since that time he has been engaged in a variety of business ventures.
In April 2013 Duncan resumed his association with the company when he was engaged on a consultancy basis to develop and expand our growing car park operations.
Commenting Edward Ziff, Chairman and Chief Executive said:
"I am delighted to welcome Duncan back to Town Centre as our new Finance Director. He knows the business and management team well and has a strong prior track record as our Finance Director and in respect of our car parking business. We look forward to Duncan's contribution as we enter the next stage of Town Centre's business progression."
For further information, please contact:
Town Centre Securities PLC | www.tcs-plc.co.uk |
Edward Ziff, Chairman and Chief Executive | 0113 222 1234 |
MHP Communications | |
Reg Hoare/Vicky Watkins | 020 3128 8100 |
Appendix 1 - disclosures required under 9.6.13 of the Listing Rules
Subsection (1) - Directorships of publicly quoted companies in the last 5 years
Eatonfield Group plc (liquidated)
NJD Capital PLC (resigned 12 July 2013)
Subsection (3) - companies entering insolvency within 12 months of directorships
Eatonfield Group plc and Eatonfield Developments Limited - the statement of affairs dated 8 July 2011 showed the following deficiencies:
As regards preferential creditors - £22,379
As regards non- preferential creditors - £1,737,427
As regards members - £1,736,427
The liquidation is still ongoing.
Related Shares:
Town Centre