REG - Supermarket Inc REIT - Result of General Meeting

Supermarket Income REITAnnouncement

21/03/2025 07:15

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RNS Number : 6483B  Supermarket Income REIT PLC  21 March 2025

 

21 March 2025

 

SUPERMARKET INCOME REIT PLC

(the "Company")

 

RESULT OF GENERAL MEETING

 

Supermarket Income REIT plc announces that at the Company's General Meeting,
held on 20 March 2025, all resolutions were passed on a poll and the results
of the poll and proxy votes received are set out below.

 

Resolutions 1 to 4 were proposed as ordinary resolutions.

 

 Resolution                                                                                  Votes For    %       Votes Against  %      Total votes validly cast  Total votes cast as % of issued share capital  Votes Withheld*
 1.          To approve the Transaction Documents                                            722,849,162  99.77%  1,659,711      0.23%  725,054,984               58.18%                                         546,111
 2.          To approve the New Directors' Remuneration Policy to take effect from and       659,322,560  91.08%  64,537,031     8.92%  725,054,984               58.18%                                         1,195,393
             subject to Completion
 3.          To approve the increase to the limit on the aggregate amount the directors      720,208,993  99.51%  3,520,375      0.49%  725,054,984               58.18%                                         1,325,616
             shall be entitled to from £500,000 to £700,000 in any financial year
 4.          To approve the rules of the Supermarket Income                                  681,041,558  94.03%  43,223,704     5.97%  725,054,984               58.18%                                         789,722

             REIT Long Term Incentive Plan (the "LTIP") and authorise the Directors to:

             -     implement and give effect to the LTIP; and

             -     establish further plans based on the LTIP but modified to take
             account of local tax, exchange control or securities laws in overseas
             territories, provided that any shares made available under such further plans
             are treated as counting against the limits on individual or overall
             participation in the LTIP.

 

*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 20 March
2025, 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 General
Meeting dated 4 March 2025, a copy of which is available on the Company's
website at General Meeting - Supermarket Income Reit
(https://supermarketincomereit.com/investor-centre/general-meeting/) .

 

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) .

 

 Supermarket Income REIT                                                                                                 via FTI Consulting
 plc                                    
 Rob Abraham / Mike Perkins / Chris McMahon

 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 / Luca Vincenzini
                                                                                                                          
 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, JSE: SRI) 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. The Company also has a secondary listing on the Main Board of the JSE
Limited in South Africa.

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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