REG - Supermarket Inc REIT - Result of AGM

Supermarket Income REITAnnouncement

17/12/2024 07:00

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RNS Number : 3071Q  Supermarket Income REIT PLC  17 December 2024

 

17 December 2024

 

SUPERMARKET INCOME REIT PLC

(the "Company")

 

RESULT OF ANNUAL GENERAL MEETING

 

Supermarket Income REIT plc announces that at the Company's Annual General
Meeting, held on 16 December 2024, all resolutions were passed on a poll and
the results of the poll and proxy votes received are set out below.

 

Resolutions 1 to 16 were proposed as ordinary resolutions and resolutions 17
to 20 were proposed as special resolutions.

 

 Resolution                                                                                Votes For    %       Votes Against  %      Total votes validly cast  Total votes cast as % of issued share capital  Votes Withheld*
 1.          To receive and adopt the Annual Report and accounts of the Company for the    763,291,084  99.99%  40,742         0.01%  764,064,677               61.31%                                         732,851
             year ended 30 June 2024
 2.          To approve the Directors' Remuneration Report                                 763,269,483  99.92%  631,677        0.08%  764,064,677               61.31%                                         163,517
 3.          To approve the Directors' Remuneration Policy                                 761,795,233  99.73%  2,040,718      0.27%  764,064,677               61.31%                                         228,726
 4.          To approve the Company's dividend policy                                      763,087,089  99.88%  942,438        0.12%  764,064,677               61.31%                                         35,150
 5.          To approve the authority to offer a scrip dividend alternative                763,881,080  99.99%  90,862         0.01%  764,064,677               61.31%                                         92,735
 6.          To re-elect Nick Hewson as a Director of the Company                          746,016,513  97.66%  17,870,086     2.34%  764,064,677               61.31%                                         178,078
 7.          To re-elect Jon Austen as a Director of the Company                           763,647,412  99.97%  239,187        0.03%  764,064,677               61.31%                                         178,078
 8.          To re-elect Frances Davies as a Director of the Company                       759,423,031  99.42%  4,466,466      0.58%  764,064,677               61.31%                                         175,180
 9.          To re-elect Vince Prior as a Director of the Company                          750,255,321  98.21%  13,645,234     1.79%  764,064,677               61.31%                                         164,122
 10.         To re-elect Sapna Shah as a Director of the Company                           750,239,859  98.21%  13,659,988     1.79%  764,064,677               61.31%                                         164,830
 11.         To re-elect Cathryn Vanderspar as a Director of the Company                   759,404,825  99.42%  4,457,610      0.58%  764,064,677               61.31%                                         202,242
 12.         To re-appoint BDO LLP as Auditors of the Company                              733,377,712  99.96%  290,169        0.04%  764,064,677               61.31%                                         30,396,796
 13.         To authorise the directors to determine the Auditors' remuneration            762,769,921  99.97%  223,319        0.03%  763,118,119               61.23%                                         124,879
 14.         To approve the amendments to the Company's Investment Objective and Policy    750,335,505  98.60%  10,688,697     1.40%  763,123,119               61.23%                                         2,098,917
 15.         To approve the entry into New Service Agreements                              758,545,249  99.99%  99,088         0.01%  763,123,119               61.23%                                         4,478,782
 16.         To authorise the Company to purchase its own shares                           751,091,860  98.44%  11,921,317     1.56%  763,123,119               61.23%                                         109,942
 17.         To authorise the disapplication of pre-emption rights under section 570       749,305,225  98.44%  11,880,763     1.56%  763,123,119               61.23%                                         1,937,131
             Companies Act 2006
 18.         To authorise the further disapplication of pre-emption rights under section   706,706,542  92.62%  56,277,652     7.38%  763,123,119               61.23%                                         138,925
             570 Companies Act 2006
 19.         To authorise the Company to make market purchases of its own ordinary shares  750,276,474  98.34%  12,635,193     1.66%  763,123,119               61.23%                                         211,452
 20.         To authorise the calling of general meetings, other than an annual general    740,499,831  97.04%  22,572,958     2.96%  763,123,119               61.23%                                         50,330
             meeting, on not less than 14 clear days' notice

 

*A vote withheld is not a vote in law and is not counted in the calculation of
the votes for or against a resolution.

 

Every shareholder has one vote for every Ordinary Share held. As at 16
December 2024, the issued share capital of the Company consisted of
1,246,239,185 Ordinary Shares. The Company holds no Ordinary Shares in
treasury. Therefore, the total voting number of voting rights in the Company
is 1,246,239,185 Ordinary Shares.

 

The full text of all the resolutions can be found in the Notice of Annual
General Meeting dated 18 November 2024, a copy of which is available on the
Company's website at AGM - Supermarket Income REIT
(https://supermarketincomereit.com/investor-centre/agm/)

 

In accordance with UK Listing Rule 6.4.2 copies of all the resolutions passed,
other than ordinary business, will be submitted to the National Storage
Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

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

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

 Goldman Sachs International                                                                                              +44 (0)20 7774 1000

 Tom Hartley / Hannah Mackey

 FTI                                                                                                                      +44 (0)20 3727 1000
 Consulting
 Dido Laurimore / Eve Kirmatzis / Andrew                                                                                  SupermarketIncomeREIT@fticonsulting.com
 Davis                                                                                                                    (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 feed the nation infrastructure. The Company focuses on grocery stores
which are omnichannel, fulfilling online and in-person sales. The Company's
supermarkets are let to leading supermarket operators in the UK and Europe,
diversified by both tenant and geography.

The Company's assets earn long-dated, secure, inflation-linked, growing
income. The Company targets a progressive dividend and the potential for
capital appreciation over the longer term.

The Company is listed on the Closed-ended investment funds category of the
FCA's Official List and its Ordinary Shares are traded on the LSE's Main
Market.

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/)
 

LEI: 2138007FOINJKAM7L537

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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