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SUPR — Supermarket Income REIT News Story

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REG - Supermarket Inc REIT - APPOINTMENT OF NON-EXECUTIVE DIRECTOR

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RNS Number : 0189M  Supermarket Income REIT PLC  18 May 2022

SUPERMARKET INCOME REIT PLC 

(the "Company") 

LEI: 2138007FOINJKAM7L537 

 

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                                                      ir@atratocapital.com (mailto:ir@atratocapital.com)   

 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
                                                                                                  (mailto: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
www.supermarketincomereit.com (http://www.supermarketincomereit.com/)  

1.             41 directly owned supermarkets, plus 26 via joint
venture 

2.             There is no certainty that these illustrative
projections will be achieved

 

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