Develop North PLC Net Asset Value(s) (9831S)
November 09 2023 - 7:56AM
UK Regulatory
TIDMDVNO
RNS Number : 9831S
Develop North PLC
09 November 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 9 November 2023
DEVELOP NORTH PLC
(the "Company")
Net Asset Value
Quarterly Net Asset Value 31 August 2023
The Company announces that its unaudited Net Asset Value ("NAV")
per share as at 31 August 2023 on a cum-income basis was 79.58
pence.
Change of Name of Broker
The Company also announces that its Sole Broker has changed its
name to Cavendish Capital Markets Limited following completion of
its own corporate merger.
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)
Nicola Board +44 (0) 1245 398950
Cavendish Capital Markets Limited (Sponsor,
Broker and Financial Adviser)
William Marle +44 (0) 207 220 0500
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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END
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November 09, 2023 07:56 ET (12:56 GMT)
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