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Develop North PLC's Directors declared a first interim dividend of 1.00 pence per Ordinary share for the year ending 30 November 2026. This dividend is payable on Friday, 10 July 2026, to holders of Ordinary shares on the register at the close of business on Friday, 26 June 2026, with an ex-dividend date of Thursday, 25 June 2026.
| Date | 18 Jun 2026 |
| Time | 07:00:04 |
| Category | Capital structure |
| ID | 7239I |
18 June 2026
DEVELOP NORTH PLC
(the "Company" or "DVNO)
(LEI: 213800EXPWANYN3NEV68)
Dividend Declaration
The Company announces that the Directors have declared a first interim dividend for the year ending 30 November 2026 in an amount of 1.00 pence per Ordinary share.
The interim dividend will be payable on Friday, 10 July 2026 to holders of Ordinary shares on the register at the close of business on Friday, 26 June 2026 (ex-dividend Thursday, 25 June 2026).
Enquiries:
|
Develop North PLC |
+44 (0) 191 222 0099
|
|
Tier One Capital Ltd (Investment Adviser) |
+44 (0) 191 222 0099 |
|
Cavendish Capital Markets Limited (Financial Adviser and Joint Corporate Broker) |
+44 (0) 207 220 0500
|
|
AlbR Capital Limited (Joint Corporate Broker) |
+44(0) 207 469 0930 |
|
Alma Strategic Communications (Financial Communications Adviser)
|
+44 (0) 203 405 0211
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|
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.