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RNS Number : 0189M Supermarket Income REIT PLC 18 May 2022
SUPERMARKET INCOME REIT PLC
appointment of non-executive director
Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust
providing secure, inflation-protected, long income from grocery property in
the UK, announces the appointment of Frances Davies as a non-executive
director of the Company with effect from 1 June 2022.
Frances has over 30 years' experience across corporate finance and asset
management. Since 2007, Frances has been a Partner at Opus Corporate Finance,
and has previously held directorships at SG Warburg, Morgan Grenfell Asset
Management, Gartmore and Dalton Strategic Partnership. Frances currently holds
Board positions for HICL Infrastructure plc, JPMorgan UK Smaller Companies
plc, Aegon UK plc and Federated Hermes' Property Unit Trust. She also sits on
Aviva's With-Profits Committee.
Nick Hewson, Chairman of Supermarket Income REIT, commented:
"Frances is an excellent addition to the Board as a non-executive director.
Her depth of experience in corporate finance, asset management and across a
number of relevant board roles will be invaluable to the Company and we look
forward to working with her."
In accordance with the Listing Rules, there is no further information required
to be disclosed pursuant to LR 9.6.13R.
FOR FURTHER INFORMATION
Atrato Capital Limited +44 (0)20 3790 8087
Steven Noble / Rob Abraham / Carcie Rogers email@example.com (mailto:firstname.lastname@example.org)
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Mark Young / Matt Blawat / Rajpal Padam
FTI Consulting +44 (0)20 3727 1000
Dido Laurimore / Eve Kirmatzis / Andrew Davis SupermarketIncomeREIT@fticonsulting.com
NOTES TO EDITORS:
Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust
dedicated to investing in grocery properties which are an essential part of
the UK's feed the nation infrastructure. The Company focuses on grocery stores
which are omnichannel, fulfilling online and in-person sales. All of the
Company's 67 supermarkets((1)) are let to leading UK supermarket operators,
diversified by both tenant and geography.
The Company provides investors with secure, inflation-protected, long income
with the potential for capital appreciation over the longer term and targets a
7% to 10% p.a. total shareholder return over the medium term((2)). The Company
has increased its dividend target in line with inflation each year.
The Company is listed on the premium segment of the Official List of the UK
Financial Conduct Authority and its Ordinary Shares are traded on the Main
Market of the London Stock Exchange, having listed initially on the Specialist
Fund Segment of the Main Market on 21 July 2017.
Atrato Capital Limited is the Company's Investment Adviser.
Further information is available on the Company's website
1. 41 directly owned supermarkets, plus 26 via joint
2. There is no certainty that these illustrative
projections will be achieved
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