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

Develop NorthAnnouncement

Today 12:15

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RNS Number : 0841H  Develop North PLC  01 May 2025

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JURISDICTION.

 

 

For release on 1 May 2025

 

DEVELOP NORTH PLC

(the "Company")

 

Quarterly Net Asset Value as at 28 February 2025

 

 

 

The Company announces that its unaudited Net Asset Value ("NAV") per share as
at 28 February 2025 on a cum-income basis was 79.96 pence, an increase of 0.17
pence per share as compared to the NAV per share as at 30 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) 1245 398984

 Suzanna Waterhouse

 Cavendish Capital Markets Limited (Sponsor, Broker and Financial Adviser)  +44 (0) 207 220 0500

 Andrew Worne

 

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 fund management firm
providing financial advice services and bespoke tailored lending to the
property development market.

 

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