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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Northacre | LSE:NTA | London | Ordinary Share | GB0006877939 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 95.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMNTA
RNS Number : 8415B
Northacre PLC
08 April 2013
8 April 2013
Northacre PLC ("Northacre")
Receipt of GBP10m Dividend and Update on The Lancasters
Northacre announces that it has today received an interim dividend of GBP10,000,000 from Lancaster Gate (Hyde Park) Ltd, our joint venture with Minerva. This is the fifth interim dividend from this development project and brings the total received to date to GBP37.7m.
All but one of the apartments in the Lancasters development have now been sold and it is our current estimate that our total profit share (net of corporation tax) is likely to be in the region of GBP49.8m. As noted above, we have received GBP37.7m to date in dividends from this project, and therefore we estimate that a further GBP12.1m will be forthcoming.
Enquiries:
Northacre PLC Tel: 020 7349 8000
Ken MacRae (Chief Executive Officer & Finance Director)
Klas Nilsson (Non-Executive Chairman)
finnCap Ltd Tel: 020 7220 0500
Stuart Andrews
Henrik Persson
Hudson Sandler Ltd Tel: 020 7796 4133
Michael Sandler
This information is provided by RNS
The company news service from the London Stock Exchange
END
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