In a certain code language, '-' represents '+', '+' represents 'x', 'x' represents '÷' and '÷' represents '-'. Find out the answer to the following question.
L, M, N, O and P are sitting in a line facing east. L and M are sitting together. N is sitting at north end and O is sitting at south end. P is the neighbour of M and N. Who is third from north end?