REG - Supermarket Inc REIT - Appointment of Non-Executive Director

Supermarket Income REITAnnouncement

01/03/2023 07:00

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RNS Number : 3797R  Supermarket Income REIT PLC  01 March 2023

1 March 2023

 

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-linked, long income from grocery property in the
UK, is pleased to announce that following a comprehensive selection process,
it has appointed Sapna Shah as an independent non-executive director of the
Company with immediate effect.

 

Sapna has 20 years of investment banking experience advising UK companies,
including listed REITs and investment companies, on IPOs, equity capital
market transactions and mergers and acquisitions. Sapna was appointed as a
non-executive director of The Association of Investment Companies ("AIC") in
January 2021 and is a member of the AIC remuneration committee. Sapna is a
Senior Adviser at Panmure Gordon Limited and prior to this held senior
investment banking roles at UBS AG, Oriel Securities (now Stifel Nicolaus
Europe) and Cenkos Securities. She has previously served on the advisory
committee for a private solar energy company.

 

At the date of appointment, Sapna holds 4,715 shares in Supermarket Income
REIT.

 

Nick Hewson, Chairman of Supermarket Income REIT, commented:

 

"On behalf of the Board, we are pleased to welcome Sapna as an independent
non-executive director to Supermarket Income REIT. Sapna brings extensive
complementary experience to the role, having specialised in advising companies
in the REIT and investment company space. Her expertise will be invaluable to
the Company and its future growth ambitions - we all look forward to working
together."

 

There are no other details that are required to be disclosed in respect of
Rule 9.6.13 of the Financial Conduct Authority's Listing Rules.

 

 FOR FURTHER INFORMATION                                                                           
 Atrato Capital Limited                                                                           +44 (0)20 3790 8087 
                                  
 Steve Noble / Rob Abraham / Chris McMahon                                                        ir@atratocapital.com (mailto:ir@atratocapital.com)   

 Stifel Nicolaus Europe Limited                                                                   +44 (0)20 7710 7600 
 Mark Young / Matt Blawat / Rajpal Padam                                                           

 Goldman Sachs International                                                                      +44 (0)20 7774 1000

 Jimmy Bastock / Tom Hartley
                                                                                                   
 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 supermarkets are let to leading UK supermarket operators,
diversified by both tenant and geography. 

 

The Company provides investors with attractive, long-dated, secure,
inflation-linked, growing 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((1)). The Company has increased its dividend every year
since IPO. 

 

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

 

Stifel Nicolaus Europe Limited, which is authorised and regulated in the
United Kingdom by the Financial Conduct Authority, is acting exclusively for
Supermarket Income REIT plc and no one else in connection with this
announcement and will not be responsible to anyone other than the Company for
providing the protections afforded to clients of Stifel Nicolaus Europe
Limited nor for providing advice in connection with the matters referred to in
this announcement.

Goldman Sachs International, which is authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority in the United Kingdom, is acting exclusively for
Supermarket Income REIT plc and no one else in connection with this
announcement and will not be responsible to anyone other than the Company for
providing the protections afforded to clients of Goldman Sachs International
nor for providing advice in connection with the matters referred to in this
announcement.

 

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