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Supermarket Income REIT plc (SUPR) Ord GBP0.01

Sell:73.50p Buy:73.80p 0 Change: No change
FTSE 250:0.56%
Market closed Prices as at close on 3 May 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:73.50p
Buy:73.80p
Change: No change
Market closed Prices as at close on 3 May 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:73.50p
Buy:73.80p
Change: No change
Market closed Prices as at close on 3 May 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The investment objective is to provide its shareholders with an attractive level of income together with the potential for capital growth by investing in a diversified portfolio of supermarket real estate assets in the UK.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

The base fee comprises a monthly and a semi-annual fee. Blended fee is 0.95% of Adjusted NAV up to GBP 500m 0.75% between GBP 500m and 1bn 0.65% between GBP 1bn and 1.5bn 0.45% between GBP 1.5bn and 2bn 0.4% above GBP 2bn. The Contract is terminable on 12 months notice.

Dividend Policy

Subject to market conditions and performance, financial position and outlook, it is the intention of Directors is to pay an attractive level of dividend income to shareholders on a quarterly basis. The Company intends to grow the dividend progressively through investment in supermarket properties with upward-only, inflation-protected, long-term lease agreements.

ASSET SPLIT

Total number of holdings: 37.

Trust Manager

Ben Green

Manager Bio

Ben has over 20 years’ of experience structuring and executing real estate transactions. He has completed more than £4.5 billion of sale and leaseback transactions with occupiers including Barclays, the BBC and Tesco. Ben qualified as a lawyer in 1997 and began his career at Wilde Sapte and Linklaters LLP. He left law in 2000 and has since spent his banking career at Barclays, Lloyds and Goldman Sachs where he was Managing Director, European Head of Structure Finance. Ben studied jurisprudence at The Queen’s College, Oxford.

Board Of Directors

Andrew HewsonChairman, Jonathan Austen, Susanna Davies, Vincent Prior, Cathryn Vanderspar, Sapna Shah

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.