Supermarket Income REIT PLC DIVIDEND DECLARATION & SCRIP DIVIDEND ALTERNATIVE (5411E)
July 08 2021 - 1:00AM
UK Regulatory
TIDMSUPR
RNS Number : 5411E
Supermarket Income REIT PLC
08 July 2021
SUPERMARKET INCOME REIT PLC
(the "Company")
LEI: 2138007FOINJKAM7L537
dividend declaration AND SCRIP DIVIDEND ALTERNATIVE
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 April 2021 to 30 June 2021 of 1.465 pence per ordinary
share, payable on or around 20 August 2021 (the "Interim Dividend")
. The ex-dividend date will be 15 July 2021 with a record date of
16 July 2021. The dividend will comprise a Property Income
Distribution ("PID") of 0.585 pence per share and an ordinary
dividend of 0.880 pence per share.
The Company has now declared four quarterly dividends totalling
5.86 pence per ordinary share for the financial year ended 30 June
2021, achieving the Company's full-year dividend target.
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 22 July 2021.
Any shareholders wishing to take up the Scrip Dividend
Alternative will have until 5pm on 30 July 2021 either to return
their completed mandate form to the Company registrar, Link Group,
at Corporate Actions, 10(th) Floor, 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
In addition and in accordance with section 838 of the Companies
Act 2006, Interim Accounts of the Company covering the period 1
July 2020 to 13 June 2021 have been prepared to support the payment
of an interim dividend to the Ordinary shareholders of the Company
on 20 August 2021.
The Interim Accounts of the Company have been filed with
Companies House and are also available upon request from the
Company Secretary.
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) As at 7(th) July, 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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END
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