Net Asset Value(s).


    30 April 2026 13:38:25
  • Source: Sharecast
RNS Number : 6413C
Develop North PLC
30 April 2026
 

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 30 April 2026

 

DEVELOP NORTH PLC

LEI: 213800EXPWANYN3NEV68

 

(the 'Company' or 'DVNO')

 

Quarterly Net Asset Value as at 28 February 2026

 

 

 

The Company announces that its unaudited Net Asset Value ("NAV") per share as at 28 February 2026 on a cum-income basis was 77.60 pence, an increase of 0.12 pence per share as compared to the NAV per share as at 30 November 2025. 

 

 

 

Enquiries:

 

Develop North PLC
Michelle Percy

Ian McElroy

+44 (0) 191 222 0099

 

 

Tier One Capital Ltd (Investment Adviser)
Brendan O'Grady

+44 (0) 191 222 0099 

 

Cavendish Capital Markets Limited (Financial Adviser and Corporate Broker)
Robert Peel
Andrew Worne
Oscar Valeur-Adu

+44 (0) 207 220 0500

 

 

Alma Strategic Communications (Financial Communications Adviser)
Andrew Jaques
Joe Pederzolli
Louisa El-Ahwal

 

+44 (0) 203 405 0211

 

 

Apex Fund Administration Services (UK) Limited (Secretary)                     +44 (0) 1245 398950



Notes to Editors:

 

Develop North PLC's investment objective is to provide shareholders with a consistent and stable income and the potential for an attractive total return over the medium to long term, through a diversified portfolio of investments predominantly in the North East of England.

 

The Company has the financial strength, credibility and professionalism expected of a business listed on the London Stock Exchange, while also offering the flexibility, creativity and common sense of an approachable, local business.

 

Since the Company's IPO in 2017, it has invested almost £90 million of capital into the North of England and Scotland and has helped support an estimate 12,000 jobs with a gross development value of more than £280 million.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NAVLBLFXQZLXBBZ

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.