REG - Supermarket Inc REIT - Dividend Declaration

Supermarket Income REITAnnouncement

10/01/2022 07:05

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RNS Number : 8237X  Supermarket Income REIT PLC  10 January 2022

10 January 2022

SUPERMARKET INCOME REIT PLC

(the "Company")

LEI: 2138007FOINJKAM7L537

dividend declaration

 

The Board of Directors of Supermarket Income REIT plc (LSE: SUPR), the real
estate investment trust providing secure, inflation-protected, long income
from grocery property in the UK, has today declared an interim dividend in
respect of the period from 1 October 2021 to 31 December 2021 of 1.485 pence
per ordinary share, payable on or around 25 February 2022 (the "Interim
Dividend"). The ex-dividend date will be 20 January 2022 with a record date of
21 January 2022. This dividend will be paid as a Property Income Distribution
("PID") in respect of the Company's tax-exempt property rental business.

Eligible shareholders can elect to receive new ordinary shares in the Company
in lieu of a cash dividend (the "Scrip Dividend Alternative"). The Scrip
Dividend Alternative price is to be calculated using the average of the
closing middle market quotations for an ordinary share, as derived from the
Daily Official List of the London Stock Exchange, for the five consecutive
business days commencing on the ex-dividend date and will be announced by the
Company and detailed on the Company's website on 27 January 2022.

Any shareholders wishing to take up the Scrip Dividend Alternative will have
until 5pm on 4 February 2022 either to return their completed mandate form to
the Company registrars, Link Asset Services, at Link Group, Central Square, 29
Wellington Street, Leeds, LS1 4DL
(https://protect.mimecast-offshore.com/s/M0ukCXolDwS4rvxjU6ux5D?domain=google.com)
(in the case of shareholdings in certificated form) or to take the necessary
action via the CREST system (in the case of shareholdings in uncertificated
form).

Further details of the Scheme, including the Scrip Dividend Circular and
Mandate Form, are available to view and download on the Company's website at:
https://www.supermarketincomereit.com/dividend-information

The Scrip Dividend Circular is also available for inspection at the National
Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 FOR FURTHER INFORMATION
 Atrato Capital                                                                                       +44 (0)20 3790 8087
 Limited
 Ben Green / Steve Windsor / Steve Noble                                                              ir@atratocapital.com (mailto:ir@atratocapital.com)
 Stifel Nicolaus Europe Limited                                                                       +44 (0)20 7710 7600
 Mark Young / Matt Blawat

 FTI Consulting                                                                                       +44 (0)20 3727 1000

 Dido Laurimore / Eve Kirmatzis / Andrew                                                              SupermarketIncomeREIT@fticonsulting.com
 Davis
 JTC (UK) Limited                                                                                     +44 (0)207 409 0181

Susan Fadil / Kean Reynders
SupermarketREIT@jtcgroup.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 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((2)). The Company has increased its dividend target in
line with UK RPI inflation each year.

The Company's ordinary shares were admitted to trading on the Main Market of
the London Stock Exchange, Specialist Fund Segment, 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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