Supermarket Income REIT Approves Key Resolutions at General Meeting

Supermarket Income REIT Plc ( (GB:SUPR) ) has shared an announcement.

Supermarket Income REIT plc announced that all resolutions were passed at its General Meeting, including the approval of transaction documents, a new directors’ remuneration policy, and an increase in directors’ remuneration limit. The company also approved the rules for its Long Term Incentive Plan, which allows for the establishment of further plans adjusted for local regulations. This outcome supports the company’s strategic initiatives and may enhance its operational flexibility and attractiveness to investors.

More about Supermarket Income REIT Plc

Supermarket Income REIT plc is a real estate investment trust focused on investing in grocery properties, which are crucial to the nation’s food supply infrastructure. The company targets omnichannel grocery stores that cater to both online and in-person sales, with assets leased to leading supermarket operators in the UK and Europe. It aims for long-term, secure, inflation-linked income, progressive dividends, and potential capital appreciation. The company is listed on the LSE and JSE, with Atrato Capital Limited as its investment adviser.

YTD Price Performance: 14.50%

Average Trading Volume: 4,775,428

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £960.8M

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