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SUPR Supermarket Income REIT News Story

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REG - Supermarket Inc REIT - SCRIP Dividend Reference Price

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RNS Number : 4473T  Supermarket Income REIT PLC  22 July 2022

22 July 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 April 2022 to 30 June 2022 (the "Interim Dividend") has
been set at 123.00 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 14 July 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 5 August 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 22 August 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 69 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 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. 43 directly owned supermarkets, plus 26 via joint venture.  Please note
that it was announced in January 2022 that Sainsbury's exercised its options
to acquire a total of 21 of the 26 stores in the portfolio

2. There is no certainty that these illustrative projections will be
achieved

 

 

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