16
January 2025
SUPERMARKET INCOME REIT
PLC
(the
"Company")
APPOINTMENT OF NON-EXECUTIVE
DIRECTOR
Supermarket Income REIT
plc (LSE: SUPR), the real estate investment trust with secure,
inflation-linked, long-dated income from grocery property, is
pleased to announce that it has appointed Roger Blundell as an
independent non-executive director of the Company with immediate
effect.
Roger will also serve as a member of
the Company's Audit & Risk Committee, Remuneration Committee
and Management Engagement Committee and will succeed Jon Austen as
Chair of the Audit and Risk Committee, who will stand down from the
Board at the Company's next Annual General Meeting, which is
expected to take place in November 2025.
Roger is a qualified Chartered
Accountant with over 30 years of experience across a range of
sectors including real estate and retail. He formerly served as CFO
of Grosvenor Property UK and Kensington Group plc, with
responsibility for financing strategy, corporate and investment
transactions, mergers and acquisitions, and capital raising. He is
currently the Audit Chair of the National Portrait Gallery and
holds other non-executive positions with Jersey Electricity plc,
University College London, and the Government Property Agency where
he chairs the Investment Committee.
Nick Hewson, Chair of Supermarket Income REIT,
commented:
"On behalf of the Board, we are
pleased to welcome Roger as an independent non-executive director
of the Company. Roger's appointment is made in line with the
Board's succession plan, as detailed in the 2024 Annual Report. We
believe that Roger's knowledge, skills and experience are
complementary to those of the existing Directors and that,
following an orderly handover, he will be an excellent replacement
for Jon in the Audit and Risk Committee Chair role."
At the date of appointment, Roger
holds no shares in the Company.
There are no other details that are
required to be disclosed in respect of Rule 6.4.8R of the Financial
Conduct Authority's Listing Rules.
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FOR
FURTHER INFORMATION
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Atrato Capital Limited
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+44 (0)20 3790
8087
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Rob Abraham / Mike Perkins /
Chris McMahon
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ir@atratocapital.com
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Stifel Nicolaus Europe Limited
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+44 (0)20 7710
7600
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Mark Young / Rajpal Padam / Madison
Kominski
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Goldman Sachs International
Tom Hartley / Hannah
Mackey
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+44 (0)20 7774 1000
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FTI
Consulting
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+44 (0)20 3727
1000
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Dido Laurimore / Eve Kirmatzis /
Andrew
Davis
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SupermarketIncomeREIT@fticonsulting.com
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NOTES TO EDITORS:
Supermarket Income REIT
plc (LSE: SUPR, JSE: SRI) is a real estate investment trust
dedicated to investing in grocery properties which are an essential
part of the feed the nation infrastructure. The Company focuses on
grocery stores which are omnichannel, fulfilling online and
in-person sales. The Company's supermarkets are let to leading
supermarket operators in the UK and Europe, diversified by both
tenant and geography.
The Company's assets earn
long-dated, secure, inflation-linked, growing income. The Company
targets a progressive dividend and the potential for capital
appreciation over the longer term.
The Company is listed on the
Closed-ended investment funds category of the FCA's Official List
and its Ordinary Shares are traded on the LSE's Main
Market. The Company also has a secondary listing on the Main
Board of the JSE Limited in South Africa.
Atrato Capital Limited is the
Company's Investment Adviser.
Further information is available on
the Company's website www.supermarketincomereit.com
LEI:
2138007FOINJKAM7L537
Stifel Nicolaus Europe Limited,
which is authorised and regulated in the United Kingdom by the
Financial Conduct Authority, is acting exclusively for Supermarket
Income REIT plc and no one else in connection with this
announcement and will not be responsible to anyone other than the
Company for providing the protections afforded to clients of Stifel
Nicolaus Europe Limited nor for providing advice in connection with
the matters referred to in this announcement.
Goldman Sachs International, which
is authorised by the Prudential Regulation Authority and regulated
by the Financial Conduct Authority and the Prudential Regulation
Authority in the United Kingdom, is acting exclusively for
Supermarket Income REIT plc and no one else in connection with this
announcement and will not be responsible to anyone other than the
Company for providing the protections afforded to clients of
Goldman Sachs International nor for providing advice in connection
with the matters referred to in this announcement.
