panther securities plc said monday that it will pay a special dividend as it expects an increase in the value of its net assets in its 2022 results the propertyinvestment group said it will pay an additional 10 pence a share special interim dividend for the year ending dec 31 2023 and confirmed an additional final dividend of 6 pence a share for the year ended dec 31 2022 the londonlisted company sees its net asset value increasing by around 19 million pounds 232 million as its fixed interestrate derivatives liabilities are now completely removed and have become assets slight improvements in the value of investment properties and increased revenues are also expected for the year it said panther securities said it isnt concerned with potential interestrise rates as 97 of its loan interest is fixed on longterm rates its loan to value with lenders is less than 40 and actual interest cover is around three times its charged portfolio the board considers that this puts the company in a strong position for the discussions that we plan to start later in 2023 on our refinance which we need to agree by july 2024 the company said adding that interest cover isnt an issue for the group