REG - Supermarket Inc REIT - Investment Adviser Update

Supermarket Income REITAnnouncement

09/09/2024 07:15

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RNS Number : 3075D  Supermarket Income REIT PLC  09 September 2024

9 September 2024

SUPERMARKET INCOME REIT PLC

(the "Company")

 

Investment AdvisEr update

 

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with
secure, inflation-linked, long-dated income from grocery property, announces
that Steven Noble has decided to step down as Chief Investment Officer of the
Company's Investment Adviser, Atrato Capital Limited, in order to pursue a new
role at Assura plc.

 

The Board would like to express its thanks to Steven for his invaluable
contribution to the performance and growth of the Company over the last seven
years, having worked with the Company since IPO. During this time, the Company
has become the UK's largest omnichannel supermarket landlord. The Company will
continue to be managed by Ben Green, Rob Abraham and Mike Perkins, with
support from the wider Atrato team.

 

Nick Hewson, Chair of Supermarket Income REIT plc, commented:

 

"Steven leaves with the Company's portfolio well positioned to deliver
long-term value for our shareholders. On behalf of the Board, I would like to
wish him well for the future."

 

Ben Green, Principal of Atrato Capital, the Investment Adviser to Supermarket
Income REIT plc, said:

 

"Steven has been with us since the beginning and has helped us build a deep
bench of talent at Atrato. He has mentored and trained the next generation,
meaning all his current responsibilities will be taken on by colleagues.
Steven has also made a great contribution to the culture of the firm and we
wish him every success in his new role."

 

ENDS

 

 FOR FURTHER INFORMATION                                                                           
 Atrato Capital Limited                                                                           +44 (0)20 3790 8087 
                                  
 Rob Abraham / Mike Perkins / Chris McMahon                                                       ir@atratocapital.com (mailto:ir@atratocapital.com)   

 Stifel Nicolaus Europe Limited                                                                   +44 (0)20 7710 7600 
 Mark Young / Rajpal Padam / Madison Kominski                                                      
                                                                                                   
 Goldman Sachs International                                                                      +44 (0)20 7774 1000

 Tom Hartley / Hannah Mackey

 FTI Consulting                                                                                   +44 (0)20 3727 1000 

  
 Dido Laurimore / Eve Kirmatzis / Andrew Davis                                                    SupermarketIncomeREIT@fticonsulting.com
                                                                                                  (mailto:SupermarketIncomeREIT@fticonsulting.com)   

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 (http://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.

 

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