Develop North plc (DVNO) ORD GBP0.01
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Business summary
Develop North PLC is a United Kingdom-based investment company. The Company’s principal activity is to provide debt finance to the property sector. The Company offers flexible, tailored and dependable finance solutions to a range of schemes, spanning all forms of residential and commercial development. 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. The Company 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 makes investments primarily through senior secured loans although other loans such as bridging loans, subordinated loans, selected loan financings and other debt instruments. Its portfolio includes Kenley Homes, Calmont Homes, Horizon Cremation and Bede Homes. Its investment adviser is Tier One Capital Ltd.
Important dates
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
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'.