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Update

23 Dec 2011 07:00

RNS Number : 5498U

Northacre PLC

23 December 2011

Northacre PLC ("The Company")

Update

The Lancasters Dividend

The Company is pleased to announce that an interim dividend of £1,150,000 has been received from the Lancasters Development. This interim receipt is within the first tier of profit share (5 per cent).

The Lancasters Development reached its full practical completion on the 25th November 2011, and there continues to be good progress in sales. Northacre's share of profit increases, as a proportion of the total dividend, as the level of distribution grows, up to a maximum of 50 per cent of the top tier.

Enquiries:

Northacre PLC

Klas Nilsson (Chairman and Chief Executive)

Ken MacRae (Finance Director)

Tel: (020) 7349 8000

Peel Hunt LLP (Nominated Adviser and Broker)

Capel Irwin

Harry Florry

Tel: (020) 7418 8900

This information is provided by RNS

The company news service from the London Stock Exchange

END

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Date		Source	Headline
3rd Aug 2010	3:42 pm	RNS	The Vicarage - Sale of Shareholding
3rd Aug 2010	1:41 pm	RNS	Holding(s) in Company
21st Jul 2010	7:00 am	RNS	Final Results
12th Jul 2010	12:45 pm	RNS	Holding(s) in Company
29th Jun 2010	7:00 am	RNS	The Lancasters Update
28th Jun 2010	4:13 pm	RNS	Holding(s) in Company
20th May 2010	6:00 pm	RNS	Director/PDMR Shareholding - Replacement
20th May 2010	4:45 pm	RNS	Director/PDMR Shareholding
19th Apr 2010	7:00 am	RNS	Joint Venture
14th Apr 2010	4:25 pm	RNS	Holding(s) in Company
25th Feb 2010	4:22 pm	RNS	Director/PDMR Shareholding - Replacement
25th Feb 2010	3:23 pm	RNS	Director/PDMR Shareholding
23rd Feb 2010	5:30 pm	RNS	Director Declaration
5th Feb 2010	8:43 am	RNS	Directorate Change
29th Dec 2009	11:42 am	RNS	Sale of Interest in The Abingdons Partnership
12th Oct 2009	11:10 am	RNS	West London Telephone Exchange Update
25th Sep 2009	6:16 pm	RNS	Director Declaration
5th Aug 2009	7:00 am	RNS	Final Results
13th Jul 2009	3:00 pm	RNS	The Vicarage
27th May 2009	2:53 pm	RNS	Board Appointment
16th Apr 2009	12:32 pm	RNS	Share Price Movement
16th Jan 2009	12:06 pm	RNS	Placing and Dubai venture
15th Dec 2008	3:11 pm	RNS	The Vicarage - Planning Consent
21st Nov 2008	4:26 pm	RNS	Interim Results
20th Nov 2008	6:06 pm	RNS	The Kensington
7th Oct 2008	12:45 pm	RNS	AGM Statement - Replacement
3rd Oct 2008	4:46 pm	RNS	AGM Statement
28th Aug 2008	7:00 am	RNS	Final Results
22nd Jul 2008	11:06 am	RNS	Planning Consent
19th Mar 2008	4:07 pm	RNS	Director/PDMR Shareholding
25th Feb 2008	7:05 am	RNS	Trading Statement
5th Dec 2007	7:47 am	RNS	Planning Consent
20th Nov 2007	12:19 pm	RNS	Interim Report & Accounts
20th Nov 2007	11:41 am	RNS	Interim Results
5th Nov 2007	3:11 pm	RNS	Re-Development
21st Sep 2007	6:27 pm	RNS	AGM Statement
23rd Aug 2007	4:08 pm	RNS	Acquisition of Leinster House
21st Aug 2007	7:00 am	RNS	Final Results
17th Aug 2007	5:12 pm	RNS	AIM Rule 26
16th Jul 2007	1:11 pm	RNS	Trading Statement
19th Jun 2007	6:12 pm	RNS	Director/PDMR Shareholding
18th May 2007	7:00 am	RNS	Planning Permission
17th May 2007	2:18 pm	RNS	Statement re Possible Offer
30th Apr 2007	2:56 pm	RNS	Rule 8.3- Northacre PLC
30th Apr 2007	11:14 am	RNS	Planning Appeal
17th Apr 2007	5:13 pm	RNS	Directorate Change
13th Apr 2007	3:02 pm	RNS	Rule 8.3- Northacre
5th Apr 2007	2:23 pm	RNS	Rule 8.3- Northacre PLC
5th Apr 2007	2:20 pm	RNS	Holding(s) in Company
23rd Mar 2007	6:16 pm	RNS	Rule 8.3- Northacre PLC

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