REG - Develop North PLC - Net Asset Value(s)

Develop NorthAnnouncement

17/11/2022 13:45

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RNS Number : 8091G  Develop North PLC  17 November 2022

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
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CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION.

 

 

For release on 17 November 2022

 

DEVELOP NORTH PLC

(the "Company" or "DVNO")

 

Net Asset Value

 

 

 

 

Quarterly Net Asset Value 31 August 2022

 

The Company announces that its unaudited Net Asset Value ("NAV") per share as
at 31 August 2022 on a cum-income basis was 83.13 pence (this represents an
increase of 0.06% on the net asset value as at 31 May 2022).

 

 

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
 Maitland Administration Services Limited (Secretary)  +44 (0) 1245 398950

 Nicola Board

 finnCap Ltd (Sponsor, Broker and Financial Adviser)   +44 (0) 207 220 0500

 William Marle

 

Develop North PLC 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
Limited.   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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