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RNS Number : 1558H Develop North PLC 26 July 2023
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 26 July 2023
DEVELOP NORTH PLC
(the "Company")
Net Asset Value
Quarterly Net Asset Value 31 May 2023
The Company announces that its unaudited Net Asset Value ("NAV") per share as
at 31 May 2023 on a cum-income basis was 79.81 pence.
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) 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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