REG - Develop North PLC - Dividend Declaration

Develop NorthAnnouncement

21/11/2024 14:45

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RNS Number : 2098N  Develop North PLC  21 November 2024

DEVELOP NORTH PLC
(the "Company" or "DVNO)

Dividend Declaration

 

Dividend Declaration

The Company announces that the Directors have declared a third interim
dividend for the year ending 30 November 2024 in an amount of 1.00 pence per
Ordinary share.

The interim dividend will be payable on Friday, 27 December 2024 to holders of
Ordinary shares on the register at the close of business on Friday, 6 December
2024 (ex-dividend Thursday, 5 December 2024).

 

21 November 2024

 

For further information regarding Develop North PLC (LEI:
213800EXPWANYN3NEV68) please call:

 

 Develop North PLC                                                          +44 (0) 191 222 0099

 Ian McElroy

 Tier One Capital Ltd (Investment Adviser)                                  +44 (0) 191 222 0099

 Brendan O'Grady
 Apex Fund Administration Services (UK) Limited (Secretary)                 +44 (0) 124 539 8950

 Cavendish Capital Markets Limited (Sponsor, Broker and Financial Adviser)  +44 (0) 207 908 6000

 James King / Andrew Worne

 

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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