REG - Supermarket Inc REIT - Scrip Dividend Reference Price

Supermarket Income REITAnnouncement

28/04/2023 07:15

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RNS Number : 7502X  Supermarket Income REIT PLC  28 April 2023

28 April 2023

 

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-linked, 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 2023 to 31 March 2023 (the "Interim Dividend") has
been set at 84.29 pence.

This is the average of the middle market closing prices of the Company's
Ordinary Shares for the five dealing days commencing with, and including, the
ex-dividend date of 20 April 2023.

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") which is 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)

The application deadline for applying for the Scrip Dividend Alternative is
5pm (London time) on 9 May 2023.

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 26 May 2023.

 FOR FURTHER INFORMATION                                                                           

 Atrato Capital Limited                                                                           +44 (0)20 3790 8087 
                                  
 Steve Noble / Rob Abraham / Chris McMahon                                                        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  
                                  
 FOR FURTHER INFORMATION                                                                           

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.

 

 

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