REG - Supermarket Inc REIT - Dividend Declaration

Supermarket Income REITAnnouncement

11/04/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230411:nRSK6977Va&default-theme=true

RNS Number : 6977V  Supermarket Income REIT PLC  11 April 2023

11 April 2023

 

SUPERMARKET INCOME REIT PLC 

(the "Company") 

LEI: 2138007FOINJKAM7L537 

 

DIVIDEND DECLARATION

  

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust
providing secure, inflation-linked, long income from grocery property in the
UK, has today declared an interim dividend in respect of the period from 1
January 2023 to 31 March 2023 of 1.5 pence per Ordinary Share (the "Third
Quarterly Dividend").

The Third Quarterly Dividend will be paid on (or around) 26 May 2023 as a
Property Income Distribution ("PID") in respect of the Company's tax-exempt
property rental business to Ordinary Shareholders on the register as of 21
April 2023. The ex-dividend date will be 20 April 2023.

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 2023.

Any shareholders wishing to take up the Scrip Dividend Alternative will have
until 5pm on 9 May 2023 either to return their completed mandate form to the
Company Registrar, Link Group, at Corporate Actions, 10th Floor, Central
Square, 29 Wellington Street, Leeds, LS1 4DL (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://supermarketincomereit.com/investor-centre/dividends/
(https://supermarketincomereit.com/investor-centre/dividends/)

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

In addition and in accordance with section 838 of the Companies Act 2006,
Accounts of the Company have been prepared to support the payment of interim
dividends to the Ordinary shareholders of the Company.

 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVIFMLTMTJMBIJ