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TOC Property Backed Lending Trust ( (GB:DVNO) ) has shared an announcement.
Develop North PLC reported that person discharging managerial responsibilities (PDMR) Michelle Percy acquired ordinary shares in the company through an offer for subscription, as required to be disclosed under market abuse regulations. The transaction involved the purchase of 6,094 shares at £0.816 per share on 2 April 2026, signaling managerial alignment with shareholders’ interests and providing transparency to the market about insider dealing activity.
The share purchase, executed on the London Stock Exchange, had an aggregate value of £4,972.70 and reflects ongoing participation by senior personnel in the company’s equity. Such disclosures help maintain regulatory compliance and can be used by investors to gauge confidence levels among key decision-makers in the company’s property-backed lending operations.
The most recent analyst rating on (GB:DVNO) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TOC Property Backed Lending Trust stock, see the GB:DVNO Stock Forecast page.
Spark’s Take on DVNO Stock
According to Spark, TipRanks’ AI Analyst, DVNO is a Neutral.
The score is primarily held back by weaker 2025 fundamentals (sharp net income decline, higher leverage, and free cash flow falling to zero) despite strong revenue growth. Offsetting this, the technical setup is moderately positive with price above key moving averages and positive MACD, and valuation is attractive with a low P/E and high dividend yield.
To see Spark’s full report on DVNO stock, click here.
More about TOC Property Backed Lending Trust
Develop North PLC is a publicly listed investment company that provides property-backed lending, focusing on secured loans to businesses and projects in the U.K. real estate sector. Its shares trade on the London Stock Exchange, giving investors exposure to asset-backed debt strategies within the property and development finance market.
Average Trading Volume: 5,192
Technical Sentiment Signal: Strong Buy
See more data about DVNO stock on TipRanks’ Stock Analysis page.