Source - LSE Regulatory
RNS Number : 8237X
Supermarket Income REIT PLC
10 January 2022
 

10 January 2022

SUPERMARKET INCOME REIT PLC

(the "Company")

LEI: 2138007FOINJKAM7L537

dividend declaration

 

The Board of Directors of Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, has today declared an interim dividend in respect of the period from 1 October 2021 to 31 December 2021 of 1.485 pence per ordinary share, payable on or around 25 February 2022 (the "Interim Dividend"). The ex-dividend date will be 20 January 2022 with a record date of 21 January 2022. This dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business.

Eligible shareholders can elect to receive new ordinary shares in the Company in lieu of a cash dividend (the "Scrip Dividend Alternative"). The Scrip Dividend Alternative price is to be calculated using the average of the closing middle market quotations for an ordinary share, as derived from the Daily Official List of the London Stock Exchange, for the five consecutive business days commencing on the ex-dividend date and will be announced by the Company and detailed on the Company's website on 27 January 2022.

Any shareholders wishing to take up the Scrip Dividend Alternative will have until 5pm on 4 February 2022 either to return their completed mandate form to the Company registrars, Link Asset Services, at Link Group, Central Square, 29 Wellington Street, Leeds, LS1 4DL (in the case of shareholdings in certificated form) or to take the necessary action via the CREST system (in the case of shareholdings in uncertificated form).

Further details of the Scheme, including the Scrip Dividend Circular and Mandate Form, are available to view and download on the Company's website at: https://www.supermarketincomereit.com/dividend-information

The Scrip Dividend Circular is also available for inspection at the National Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism 

 

FOR FURTHER INFORMATION


Atrato Capital Limited                                  

+44 (0)20 3790 8087

Ben Green / Steve Windsor / Steve Noble               

ir@atratocapital.com

Stifel Nicolaus Europe Limited                 

+44 (0)20 7710 7600

Mark Young / Matt Blawat




FTI Consulting                                                  

+44 (0)20 3727 1000

Dido Laurimore / Eve Kirmatzis / Andrew Davis                                    

SupermarketIncomeREIT@fticonsulting.com

JTC (UK) Limited
Susan Fadil / Kean Reynders

+44 (0)207 409 0181
SupermarketREIT@jtcgroup.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 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)   41 directly owned supermarkets, plus 26 via joint venture

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

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DIVBRMITMTAMBJT
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.