Investors Statement
Financials and Reports
10 Year Record
Announcements
External Advisors
Auditors
29 Central Square
Leeds
LS1 4DL
Bankers
31/32 Park Row
Leeds
LS1 5JD
Bankers
3rd Floor, 2 Whitehall Quay
Leeds
LS1 4HR
Bankers
9th Floor, WestOne
114 Wellington Street
Leeds, LS1 1BA
Brokers
Ropemaker Place, Level 12
25 Ropemaker Street
London, EC2Y 9LY
Brokers
100 Liverpool Street
London
ECM 2AT
Solicitors
1 Whitehall Road
Leeds
LS1 4BN
Solicitors
Princess Exchange
Princess Square
Leeds, LS1 4BY
Tax Advisers
Benson House
33 Wellington Street
Leeds, LS1 4JP
Valuers
22 Hanover Square
London
W1A 2BN
Valuers
St Martin's Court
10 Paternoster Row
London, W1W 7RT
Corporate Public Relations
60 Great Portland Street
London
W1W 7RT
Shareholder Information
Registrar Details
Town Centre Securities PLC Share Registrar is:
Link Group
PXS
Central Square
29 Wellington Street
Leeds
LS1 4DL
linkassetservices.com
Shareholder helpline: 0871 664 0300 (calls cost 10p per minute plus network extras).
Electronic Communication Service
Information on how to receive shareholder communications electronically.
Shareholders can elect to receive shareholder communications, such as the Annual and Preliminary Reports, electronically.
Shareholders who wish to take advantage of this service may register their request with our registrars. Once registered, shareholders will receive notification by e-mail at their registered e-mail address, informing them when documents are available.
Shareholders who have registered to receive electronic notification but decide in the future they would prefer to receive paper copies may change their preference by notifying our registrars.
Key Investor Information Documents
A KIID (key investor information document) is not required to trade Town Centre Securities plc shares
PRIIPs (Packaged Retail and Insurance-based Investment Products) regulation took effect on 1 January 2018 which requires all qualifying companies/funds to publish a KIID.
Town Centre Securities plc is an internally managed commercial company with a premium listing under Chapter 6 of the FCA’s Listing Rules. As such, the PRIIPs regulation does not apply to the Company and there is no requirement to publish a KIID.
Financial Calendar
Calendar of main investor events*All future dates are indicative and subject to change
Investor events
- FY23 AGM 01 December 2023
- HY24 Results Announced 20 March 2024
- FY24 Results Announced 16 October 2024
- FY24 AGM Leeds 27 November 2024
Dividend events
- Interim HY23 dividend of 2.5p paid to shareholders on the register on 19 May 2023 16 June 2023
- Final FY23 dividend of 2.5p paid to shareholders on the register on 15 Dec 2023 4 January 2024
- Interim HY24 dividend of 8.5p paid to shareholders on the register on 24 May 2024 14 June 2024
Voting Rights & Capital Information
Town Centre Securities PLC’s capital consists of 42,162,679 ordinary shares with voting rights.
Town Centre Securities PLC holds no shares in Treasury. Therefore, the total number of voting rights in Town Centre Securities PLC is 42,162,679.
The above figure 42,162,679 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in, Town Centre Securities PLC under the FSA’s Disclosure and Transparency Rules.
REITS
Town Centre Securities former REIT status and tax consequences:
Town Centre Securities PLC was a Real Estate Investment Trust (REIT) in the period from 2 October 2007 to 30 June 2023.
During this period, all profits from property rental and property disposals were exempt from corporation tax liability and the deferred tax liability on revaluation surpluses, of £65.9m at 30 June 2007, was extinguished.
Under REIT rules, 90% of the profits of the property rental business, after certain deductions, were distributed to shareholders as a Property Income Distribution (‘PID’).
Town Centre Securities PLC paid an entry charge broadly equal to 2% of the aggregate market value of properties of the UK qualifying property rental business at the date of conversion in 2007.
From 1 July 2023 corporation tax applies in the normal way in respect of all of the Group’s profits and gains