REG - Supermarket Inc REIT - Dividend Declaration

Supermarket Income REITAnnouncement

06/04/2022 07:00

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RNS Number : 3952H  Supermarket Income REIT PLC  06 April 2022

6 April 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 January 2022 to 31 March 2022 of 1.485
pence per ordinary share, payable on or around 27 May 2022 (the "Interim
Dividend"). The ex-dividend date will be 21 April 2022 with a record date
of 22 April 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 28 April 2022.

Any shareholders wishing to take up the Scrip Dividend Alternative will have
until 5pm on 6 May 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
(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 (mailto: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 Group focuses on grocery stores
which are omnichannel, fulfilling online and in-person sales. All of the
Group's 67 supermarkets((1)) are let to leading UK supermarket operators,
diversified by both tenant and geography.

The Group 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)).

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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