Statement re Press Comment

RNS Number : 2145R

Supermarket Income REIT PLC

26 June 2020

 

SUPERMARKET INCOME REIT

(the "Company")

LEI: 2138007FOINJKAM7L537

statement re press comment

Further to recent press commentary, Supermarket Income REIT (LSE:SUPR)  the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, confirms that it is in discussions to acquire a portfolio of assets via a sale and leaseback transaction with a major grocery operator.

The Company will make further announcements in due course, as appropriate. There can be no certainty that the acquisition will be agreed nor as to the terms on which any transaction might be concluded.

FOR FURTHER INFORMATION:

Atrato Capital Limited   [phone]

Ben Green

Steve Windsor

Steve Noble

Stifel Nicolaus Europe Limited  [phone]

Mark Young

Matt Blawat

Tavistock 

Jeremy Carey ([e-mail])   [phone]

James Whitmore ([e-mail])   [phone]

NOTES TO EDITORS:

Supermarket Income REIT plc (LSE:SUPR) is a real estate investment trust dedicated to investing in supermarket properties that form a key part of the future omnichannel model of grocery and are let to leading UK supermarket operators.

The Company provides investor with attractive, long-dated, secure, inflation-linked, growing income with the potential for capital appreciation over the longer term and targeting a 7% to 10% per annum total shareholder return over the medium term⁽¹⁾. The Company has increased its dividend target for the year ending 30 June 2020 in line with UK RPI inflation to 5.80 pence per share, payable in quarterly instalments.

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 is the Company's Investment Advisor. Further information is available on the Company's website www.supermarketincomereit.com

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

 

END

 

 

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