REG - Supermarket Inc REIT - SCRIP DIVIDEND REFERENCE PRICE

Supermarket Income REITAnnouncement

28/04/2022 12:15

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RNS Number : 7170J  Supermarket Income REIT PLC  28 April 2022

SUPERMARKET INCOME REIT PLC

(the "Company")

LEI: 2138007FOINJKAM7L537

scrip dividend reference price

 

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust
providing secure, inflation-protected, long income from grocery property in
the UK, today announces that the reference price of a new Ordinary Share under
the Company's scrip dividend alternative for the interim dividend in respect
of the period from 1 January 2022 to 31 March 2022 (the "Interim Dividend")
has been set at 124.5 pence.

This is the average of the middle market prices of the Company's Ordinary
Shares derived from the London Stock Exchange Daily Official List for the
ex-dividend date of 21 April 2022 and the four subsequent dealing days.

Further information regarding the scrip dividend alternative offered in
respect of the Interim Dividend and the Scrip Dividend Scheme can be found in
the Scrip Dividend Circular (the "Scrip Circular") available on the Company's
website to view and/or download
at www.supermarketincomereit.com/dividend-information
(http://www.supermarketincomereit.com/dividend-information) . The Scrip
Circular is also available on the National Storage Mechanism website
at data.fca.org.uk/#/nsm/nationalstoragemechanism.

The application deadline for applying for the scrip dividend alternative is
5:00pm (London time) on 6 May 2022.

The Interim Dividend payment date and the date for admission and dealing of
the new ordinary shares to be issued pursuant to the scrip dividend
alternative is expected to be 27 May 2022.

 

For further information, please contact:

 Atrato Capital Limited                                                                               +44 (0)20 3790 8087
 Steve Noble / Rob Abraham / Carcie Rogers                                                            ir@atratocapital.com

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

 FTI Consulting                                                                                       +44 (0)20 3727 1000

 Dido Laurimore / Eve Kirmatzis / Andrew Davis                                                        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 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 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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