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Town Centre Securities PLC (TCS) withdrew its recommendation to pay the 2025 final dividend of 2.5p per share after its approval resolution was not included at the 2025 AGM. The Directors subsequently declared an interim dividend of 2.5p per share, which will be paid on 8 January 2026 to shareholders on the register of members on 19 December 2025.
| Date | 3 Dec 2025 |
| Time | 11:25:27 |
| Category | Capital structure |
| ID | 0980K |
Town Centre Securities PLC
('TCS' or 'The Company')
Declaration of Interim Dividend and Withdrawal of Final Dividend
The Company announces today that, following its 2025 AGM where a resolution to approve the final dividend was not included, it has withdrawn its recommendation to pay the 2025 final dividend of 2.5p per share.
In substitution, the Directors have declared an interim dividend of 2.5p per share to replace the withdrawn 2025 final dividend. This will be paid on 8 January 2026 to shareholders on the register of members on 19 December 2025. This interim dividend will not impact on the Directors decision to declare any interim dividend in March 2026 nor any proposed final dividend for approval at the 2026 AGM of the Company.
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 |
|
|
Reg Hoare / Matthew Taylor
|
+44 7827 662831 |
|
Panmure Liberum |
|
|
Jamie Richards / Satbir Kler
|
020 3100 2123 |
Notes to Editors:
Town Centre Securities PLC (TCS) is a Leeds, Manchester, Glasgow and London based property investment and car parking operator with assets of £280m. With more than 60 years' experience, a commitment to sustainable development and a reputation for quality and innovation, TCS create mixed use developments close to transport hubs in major cities across the UK.
For more information visit www.tcs-plc.co.uk