31 January 2022

Town Centre Securities PLC
(The 'Group' or the 'Company')

Transaction in Own Shares

The Company announces that in accordance with the authority given to the Company by its shareholders and pursuant to the share repurchase programme announced on 6 January 2022, it purchased for cancellation through Liberum Capital Limited, the following ordinary shares:

Following cancellation of the above shares repurchased, the Company will have 52,592,840 ordinary shares in issue. No ordinary shares are held in treasury.

This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

ENDS

For further information, please contact:

Town Centre Securities PLC                                                        www.tcs-plc.co.uk / @TCS PLC

Edward Ziff, Chairman and Chief Executive                                                           0113 222 1234

MHP Communications                                                                                 020 3128 8572 / 8742

Reg Hoare

                                                                                                                                      tcs@mhpc.com

Notes to Editors:

Town Centre Securities PLC (TCS) is a Leeds based property investor and car park operator with assets of over £360m. With more than 50 years' experience, a commitment to sustainable development and a reputation for quality and innovation, TCS creates mixed use developments close to transport hubs in major cities across the UK.

For more information visit www.tcs-plc.co.uk