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Develop North plc (DVNO) ORD GBP0.01

Sell:70.00p Buy:86.00p 0 Change: No change
Market closed Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:70.00p
Buy:86.00p
Change: No change
Market closed Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:70.00p
Buy:86.00p
Change: No change
Market closed Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Develop North PLC is a United Kingdom-based closed end investment company, which specializes in providing finance to the residential and commercial property sector. The Company provides debt finance to the property sector. With a focus on the North of England and Scotland, it offers finance solutions of between £0.5 million and £5 million to credible and professional developers across residential and commercial sectors. The Company'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. It seeks to achieve its investment objective through a diversified portfolio of fixed rate loans predominantly secured over land and/or property in the United Kingdom. It retains absolute discretion to make investments for either shorter or longer periods. Its projects include Kenley Homes, Horizon Cremation, Bede Homes and Calmont Homes. The Company's investment adviser is Tier One Capital Ltd.

Important dates

Future events
Interim dividend payment date 27 December 2024 27/12/24
Interim ex-dividend date 05 December 2024 05/12/24
Past events
Interim dividend payment date 27 September 2024 27/09/24
Interim ex-dividend date 12 September 2024 12/09/24
Interim results 31 July 2024 31/07/24
Interim dividend payment date 28 June 2024 28/06/24
Interim ex-dividend date 13 June 2024 13/06/24
AGM 25 April 2024 25/04/24
Interim dividend payment date 28 March 2024 28/03/24
Annual report 26 March 2024 26/03/24
Final results 26 March 2024 26/03/24
Interim ex-dividend date 07 March 2024 07/03/24
Interim dividend payment date 28 December 2023 28/12/23
Interim ex-dividend date 07 December 2023 07/12/23

General stock information

EPIC:
DVNO
ISIN:
GB00BD0ND667
Market cap:
£19.48 million
Shares in issue:
24.98 million
Sector:
Equity Investment Instruments
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Contact details

Address:
Eagle House, Asama Court
NEWCASTLE UPON TYNE
NE4 7YD
United Kingdom
Telephone:
+44 (0191) 2220099
Website:
https://developnorth.co.uk/

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.