ADDITIONAL ADMISSION
SUPERMARKET INCOME REIT PLC
(the "Company")
LEI: 2138007FOINJKAM7L537
Additional ADMIssion
Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces that is has made an application for 369,716 New Ordinary Shares to be admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market for listed securities. It is expected that these New Ordinary Shares will be admitted to trading on or around 21 May 2021.
The application is being made pursuant to the scrip dividend alternative in lieu of cash for the interim dividend for the period from 1 January 2021 to 31 March 2021. Elections for a scrip dividend were received in respect of 3.8% of the Ordinary Shares in issue as at the record date of 16 April 2021. When issued, these New Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following admission of the New Ordinary Shares, the Company's issued share capital will consist of 810,720,168 Ordinary Shares of £0.01 each. With effect from 21 May 2021, the total number of issued shares with voting rights will be 810,720,168.
The above figure of 810,720,168 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in, Supermarket Income REIT plc under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
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 . The Scrip Circular is also available on the National Storage Mechanism website at data.fca.org.uk/#/nsm/nationalstoragemechanism. Capitalised words and expressions not otherwise defined in this announcement shall have the meaning given in the Scrip Circular.
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FOR FURTHER INFORMATION |
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Atrato Capital Limited |
+44 (0)20 3790 8087 |
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Ben Green / Steve Windsor / Steve Noble |
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Stifel Nicolaus Europe Limited |
+44 (0)20 7710 7600 |
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Mark Young / Matt Blawat |
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FTI Consulting |
+44 (0)20 3727 1000 |
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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 55 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 RPI 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
(1) 29 directly owned supermarkets, plus 26 via joint venture
(2) There is no certainty that these illustrative projections will be achieved
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