SUPERMARKET INCOME REIT PLC
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 2021 to 31 March 2021 (the "Interim Dividend") has been set at 111.9 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 15 April 2021 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. 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 30 April 2021.
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 21 May 2021.
FOR FURTHER INFORMATION
Atrato Capital Limited
+44 (0)20 3790 8087
Ben Green / Steve Windsor / Steve Noble
Stifel Nicolaus Europe Limited
+44 (0)20 7710 7600
Mark Young / Matt Blawat
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+44 (0)20 3727 1000
Dido Laurimore / Eve Kirmatzis / Andrew Davis
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