Develop North PLC Net Asset Value(s)
22 November 2024 - 1:31AM
RNS Regulatory News
RNS Number : 2097N
Develop North PLC
21 November 2024
NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR
INTO CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR THE
UNITED STATES OF AMERICA OR TO US PERSONS, OR TO ANY OTHER
JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION.
For release on 21 November
2024
DEVELOP NORTH
PLC
(the
"Company")
Net Asset
Value
Quarterly Net Asset Value 31 August 2024
The Company announces that its
unaudited Net Asset Value ("NAV") per share as at 31 August 2024 on
a cum-income basis was 79.79 pence. This represents an increase of
0.24 pence, equivalent to 0.3%, on the NAV as at 31 May
2024.
For
further information regarding Develop North PLC (LEI:
213800EXPWANYN3NEV68) please call:
|
Develop North PLC
Ian McElroy
|
+44 (0)
191 222 0099
|
|
Tier One Capital Ltd (Investment Adviser)
Brendan O'Grady
|
+44 (0)
191 222 0099
|
|
Apex Fund Administration Services (UK) Limited
(Secretary)
|
+44 (0)
1245 398950
|
|
Cavendish Capital Markets Limited (Sponsor, Broker and
Financial Adviser)
James King / Andrew Worne
|
+44
(0) 207 908 6000
|
Notes to
Editors:
Develop North PLC is a closed-end
investment company listed on the main market of the London Stock
Exchange and specialises in providing finance to the residential
and commercial property sector.
The Company's investment adviser is
Newcastle upon Tyne based Tier One Capital Ltd. Tier
One Capital is a wealth management and property lending firm
providing financial advice services and bespoke tailored lending to
the property development market.
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END
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