Town Centre Securities Director Trims Stake as Ziff Concert Party Retains Control

An announcement from Town Centre Securities ( (GB:TOWN) ) is now available.

Town Centre Securities has disclosed that non-executive director Michael Ziff sold 25,000 ordinary shares on 8 January 2026, equivalent to 0.06% of the company’s issued share capital, at a price of 124 pence per share in an off-market transaction. Following the sale, Ziff retains 2,351,103 beneficial and 7,443,445 non-beneficial shares, giving him 5.6% and 17.7% stakes respectively, while the Ziff Concert Party – comprising three directors and their immediate families and trusts – continues to hold a controlling 56.6% of the company, underscoring the family’s firm grip on TCS despite the modest disposal.

The most recent analyst rating on (GB:TOWN) stock is a Hold with a £124.00 price target. To see the full list of analyst forecasts on Town Centre Securities stock, see the GB:TOWN Stock Forecast page.

Spark’s Take on GB:TOWN Stock

According to Spark, TipRanks’ AI Analyst, GB:TOWN is a Neutral.

The overall stock score is primarily influenced by financial performance challenges, including profitability and cash flow issues. Technical analysis provides a neutral outlook, while valuation is negatively impacted by the company’s losses, despite a decent dividend yield.

To see Spark’s full report on GB:TOWN stock, click here.

More about Town Centre Securities

Town Centre Securities PLC is a Leeds-based property investment and car parking operator with assets of £280m and a presence in Manchester, Glasgow and London. With more than 60 years’ experience and a focus on sustainable, mixed-use developments near major transport hubs, the company targets quality, innovative schemes in key UK city centres.

Average Trading Volume: 6,051

Technical Sentiment Signal: Sell

Current Market Cap: £53.45M

For an in-depth examination of TOWN stock, go to TipRanks’ Overview page.