SUPR Supermarket Income Reit Plc

TIDMSUPR

RNS Number : 0962W

Supermarket Income REIT PLC

08 December 2023

8 December 2023

SUPERMARKET INCOME REIT PLC

(the "Company")

RESULT of ANNUAL GENERAL MEETING

Supermarket Income REIT plc (LSE: SUPR), announces that at the Company's Annual General Meeting ("AGM") held on Thursday, 7 December 2023, all resolutions were passed on a poll and the results of the poll and proxy votes received are set out below.

Resolutions 1 to 13 (inclusive) were proposed as ordinary resolutions and resolutions 14 to 17 (inclusive) were proposed as special resolutions.

 
      Resolution       Votes For*    %        Votes Against   %       Total votes      Total votes      Vote Withheld 
                                                                      validly cast     cast as % of     ** 
                                                                                       issued share 
                                                                                       capital 
      Receive annual 
      accounts for 
      year ended 30 
 1    June 2023        766,101,824   99.67%     2,539,700     0.33%    768,641,524         61.68%          735,070 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Approve 
      Directors' 
      remuneration 
 2    report           765,925,240   99.81%     1,451,488     0.19%    767,376,728         61.58%         1,999,866 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Approve 
      Company's 
      dividend 
 3    policy           769,285,466   99.99%      54,697       0.01%    769,340,163         61.73%           36,431 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 4    Authority to     768,933,870   99.95%      387,483      0.05%    769,321,353         61.73%           55,241 
      offer a scrip 
      dividend 
      alternative 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Re-elect Nick 
      Hewson as a 
 5    Director         759,233,086   99.11%     6,855,261     0.89%    766,088,347         61.47%         3,288,247 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Re-elect 
      Vincent Prior 
 6    as a Director    763,478,826   99.26%     5,677,298     0.74%    769,156,124         61.72%          220,470 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Re-elect Jon 
      Austen as a 
 7    Director         769,005,561   99.98%      149,529      0.02%    769,155,090         61.72%          221,504 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 8    Re-elect         766,495,487   99.98%      181,343      0.02%    766,676,830         61.52%         2,699,764 
      Cathryn 
      Vanderspar as 
      a Director 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Re-elect 
      Frances Davies 
 9    as a Director    766,528,990   99.98%      147,840      0.02%    766,676,830         61.52%         2,699,764 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
      Elect Sapna 
      Shah as a 
 10   Director         768,963,901   99.98%      190,952      0.02%    769,154,853         61.72%          221,741 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 11   To re-appoint    766,412,454   99.99%      91,890       0.01%    766,504,344         61.51%         2,872,250 
      BDO LLP as the 
      Company's 
      auditor 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 12   To authorise     769,035,397   99.96%      282,176      0.04%    769,317,573         61.73%           59,021 
      the board of 
      Directors to 
      determine the 
      auditors' 
      remuneration 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 13   To authorise     751,636,575   97.70%    17,670,821     2.30%    769,307,396         61.73%           69,198 
      the Directors 
      to allot 
      shares under 
      section 551 
      Companies Act 
      2006 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 14   To disapply      737,701,288   96.07%    30,150,701     3.93%    767,851,989         61.61%         1,524,605 
      statutory 
      pre-emption 
      rights under 
      section 570 
      Companies Act 
      2006 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 15   To disapply      732,613,753   95.47%    34,779,901     4.53%    767,393,654         61.58%         1,982,940 
      statutory 
      pre-emption 
      rights under 
      section 570 
      Companies Act 
      2006 up to a 
      further 
      10% 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 16   To authorise     740,369,984   97.31%    20,431,676     2.69%    760,801,660         61.05%         8,574,934 
      the Company to 
      make market 
      purchase of 
      its own 
      ordinary 
      shares 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 17   To permit        740,960,439   96.32%    28,325,282     3.68%    769,285,721         61.73%           90,873 
      general 
      meetings to be 
      called on 14 
      days' notice 
     ---------------  ------------  -------  --------------  ------  ---------------  ---------------  --------------- 
 

* Includes discretionary votes

** 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 7 December 2023, the share capital of the Company consisted of 1,246,236,185 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.

In accordance with Listing Rule 9.6.2 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               +44 (0)20 3790 8087 
Steven Noble / Rob Abraham / Chris   ir@atratocapital.com 
 McMahon 
 
  Stifel Nicolaus Europe Limited       +44 (0)20 7710 7600 
Mark Young / Matt Blawat / Rajpal 
 Padam 
 
Goldman Sachs International 
 Jimmy Bastock / Tom Hartley         +44 (0)20 7774 1000 
 
FTI Consulting                       +44 (0)20 3727 1000 
Dido Laurimore / Eve Kirmatzis       SupermarketIncomeREIT@fticonsulting.com 
 / Andrew Davis 
Hanway Advisory Limited              +44 (0)7407 825 603 
Luke Cheshire / Rebecca Lillington   cosec@hanwayadvisory.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 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 supermarkets 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.

The Company is listed on the premium segment of the Official List of the UK Financial Conduct Authority and its Ordinary Shares are traded on the Main Market of the London Stock Exchange, having listed initially on the Specialist Fund Segment of the Main Market 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

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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December 08, 2023 02:00 ET (07:00 GMT)