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 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) 124 539 8950 |
| 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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