REG - Supermarket Inc REIT - Board Committee Changes

Supermarket Income REITAnnouncement

30/06/2023 07:00

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RNS Number : 4463E  Supermarket Income REIT PLC  30 June 2023

30 June 2023

 

SUPERMARKET INCOME REIT PLC 

(the "Company") 

LEI: 2138007FOINJKAM7L537 

 

Board Committee Changes

  

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust
providing secure, inflation-linked, long income from grocery property in the
UK, announces that, with effect from 1 July 2023, it has made the following
changes to the board's committees:

 

·     Sapna Shah will be appointed as Chair of the Management Engagement
Committee

 

·     Nick Hewson will step down from his role as Chair of the
Management Engagement Committee but will remain as a member

 

·   To improve the efficiency of the board committees of which all
Directors are currently members, excluding Nick Hewson who is not a member of
the Audit Committee, the membership of each board committee will be changed to
the following:

 

 Audit Committee                  ·    Jon Austen (Chair)

                                  ·    Sapna Shah

                                  ·    Vince Prior
 Nomination Committee             ·    Vince Prior (Chair)

                                  ·    Sapna Shah

                                  ·    Nick Hewson
 Remuneration Committee           ·    Cathryn Vanderspar (Chair)

                                  ·    Frances Davies

                                  ·    Jon Austen
 ESG Committee                    ·    Frances Davies (Chair)

                                  ·    Cathryn Vanderspar

                                  ·    Nick Hewson
 Management Engagement Committee  ·    Sapna Shah (Chair)

                                  ·    Nick Hewson

                                  ·    Frances Davies

                                  ·    Cathryn Vanderspar

                                  ·    Jon Austen

                                  ·    Vince Prior

 

 

 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)   
 Hanway Advisory Limited                                                                          +44 (0)7407 825 603

 Luke Cheshire / Rebecca Lillington                                                               cosec@hanwayadvisory.com (mailto:cosec@hanwayadvisory.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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