Supermarket Income REIT PLC ADDITIONAL ADMISSION (6946X)
May 06 2021 - 2:00AM
UK Regulatory
TIDMSUPR
RNS Number : 6946X
Supermarket Income REIT PLC
06 May 2021
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
GBP0.01 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.
FOR FURTHER INFORMATION
Atrato Capital Limited +44 (0)20 3790 8087
Ben Green / Steve Windsor / ir@atratocapital.com
Steve Noble
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Mark Young / Matt Blawat
FTI Consulting +44 (0)20 3727 1000
Dido Laurimore / Eve Kirmatzis SupermarketIncomeREIT@fticonsulting.com
/ 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
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