Result of AGM

Supermarket Income REIT PLC

17 December 2024

 

17 December 2024

SUPERMARKET INCOME REIT PLC

(the "Company")

RESULT OF ANNUAL GENERAL MEETING

Supermarket Income REIT plc announces that at the Company's Annual General Meeting, held on 16 December 2024, all resolutions were passed on a poll and the results of the poll and proxy votes received are set out below.

Resolutions 1 to 16 were proposed as ordinary resolutions and resolutions 17 to 20 were proposed as special resolutions.

Resolution		Votes For	%	Votes Against	%	Total votes validly cast	Total votes cast as % of issued share capital	Votes Withheld*
1.	To receive and adopt the Annual Report and accounts of the Company for the year ended 30 June 2024	763,291,084	99.99%	40,742	0.01%	764,064,677	61.31%	732,851
2.	To approve the Directors' Remuneration Report	763,269,483	99.92%	631,677	0.08%	764,064,677	61.31%	163,517
3.	To approve the Directors' Remuneration Policy	761,795,233	99.73%	2,040,718	0.27%	764,064,677	61.31%	228,726
4.	To approve the Company's dividend policy	763,087,089	99.88%	942,438	0.12%	764,064,677	61.31%	35,150
5.	To approve the authority to offer a scrip dividend alternative	763,881,080	99.99%	90,862	0.01%	764,064,677	61.31%	92,735
6.	To re-elect Nick Hewson as a Director of the Company	746,016,513	97.66%	17,870,086	2.34%	764,064,677	61.31%	178,078
7.	To re-elect Jon Austen as a Director of the Company	763,647,412	99.97%	239,187	0.03%	764,064,677	61.31%	178,078
8.	To re-elect Frances Davies as a Director of the Company	759,423,031	99.42%	4,466,466	0.58%	764,064,677	61.31%	175,180
9.	To re-elect Vince Prior as a Director of the Company	750,255,321	98.21%	13,645,234	1.79%	764,064,677	61.31%	164,122
10.	To re-elect Sapna Shah as a Director of the Company	750,239,859	98.21%	13,659,988	1.79%	764,064,677	61.31%	164,830
11.	To re-elect Cathryn Vanderspar as a Director of the Company	759,404,825	99.42%	4,457,610	0.58%	764,064,677	61.31%	202,242
12.	To re-appoint BDO LLP as Auditors of the Company	733,377,712	99.96%	290,169	0.04%	764,064,677	61.31%	30,396,796
13.	To authorise the directors to determine the Auditors' remuneration	762,769,921	99.97%	223,319	0.03%	763,118,119	61.23%	124,879
14.	To approve the amendments to the Company's Investment Objective and Policy	750,335,505	98.60%	10,688,697	1.40%	763,123,119	61.23%	2,098,917
15.	To approve the entry into New Service Agreements	758,545,249	99.99%	99,088	0.01%	763,123,119	61.23%	4,478,782
16.	To authorise the Company to purchase its own shares	751,091,860	98.44%	11,921,317	1.56%	763,123,119	61.23%	109,942
17.	To authorise the disapplication of pre-emption rights under section 570 Companies Act 2006	749,305,225	98.44%	11,880,763	1.56%	763,123,119	61.23%	1,937,131
18.	To authorise the further disapplication of pre-emption rights under section 570 Companies Act 2006	706,706,542	92.62%	56,277,652	7.38%	763,123,119	61.23%	138,925
19.	To authorise the Company to make market purchases of its own ordinary shares	750,276,474	98.34%	12,635,193	1.66%	763,123,119	61.23%	211,452
20.	To authorise the calling of general meetings, other than an annual general meeting, on not less than 14 clear days' notice	740,499,831	97.04%	22,572,958	2.96%	763,123,119	61.23%	50,330

*A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Every shareholder has one vote for every Ordinary Share held. As at 16 December 2024, the issued share capital of the Company consisted of 1,246,239,185 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Therefore, the total voting number of voting rights in the Company is 1,246,239,185 Ordinary Shares.

The full text of all the resolutions can be found in the Notice of Annual General Meeting dated 18 November 2024, a copy of which is available on the Company's website at AGM - Supermarket Income REIT

In accordance with UK Listing Rule 6.4.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

FOR FURTHER INFORMATION
Atrato Capital Limited	[phone]
Rob Abraham / Mike Perkins / Chris McMahon	[e-mail]
Stifel Nicolaus Europe Limited	[phone]
Mark Young / Rajpal Padam / Madison Kominski
Goldman Sachs International  Tom Hartley / Hannah Mackey	[phone]
FTI Consulting	[phone]
Dido Laurimore / Eve Kirmatzis / Andrew Davis	[e-mail]

 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 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. 

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.

 

END