Develop North PLC Dividend Declaration

RNS Number : 2098N

Develop North PLC

21 November 2024

DEVELOP NORTH PLC
(the "Company" or "DVNO)

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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Develop North (LSE:DVNO)
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