Wrap Text
Retail Offer
SUPERMARKET INCOME REIT PLC
(Incorporated in the United Kingdom)
Company Number: 10799126
LSE Share Code: SUPR
JSE Share Code: SRI
ISIN Code: GB00BF345X11
LEI: 2138007FOINJKAM7L537
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7
OF THE MARKET ABUSE REGULATION (EU) 596/2014 (WHICH FORMS PART OF DOMESTIC UK
LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (“UK MAR”).
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN ANY JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO
SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR
REGULATION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS
ANNOUNCEMENT
THIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF
SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (“FSMA”) AND HAS BEEN
APPROVED BY RETAIL BOOK LIMITED WHICH IS AUTHORISED AND REGULATED BY THE
FINANCIAL CONDUCT AUTHORITY (FRN 994238). THIS FINANCIAL PROMOTION IS NOT
INTENDED TO BE INVESTMENT ADVICE.
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT
CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY
SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF
SUPERMARKET INCOME REIT PLC.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA OR JAPAN.
3 November 2026
Supermarket Income REIT plc
(“SUPR” or the “Company”)
Retail Offer
- Supermarket Income REIT plc announces a conditional retail offer of new ordinary shares (the
“New Ordinary Shares”) of £0.01 each in the capital of the Company (the “Ordinary Shares”)
via RetailBook to eligible existing and new retail investors in the UK (the “Retail Offer”).
- The issue price for the New Ordinary Shares will be determined at the close of the bookbuilding
process;
- Investors can take part through RetailBook’s partner network of retail brokers, wealth managers
and investment platforms, (subject to such partners’ participation);
- Applications for New Ordinary Shares through these partners can be made from tax efficient
savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts (“GIAs”);
- The Retail Offer is available to both existing shareholders and new investors;
- There is a minimum subscription of £250 per investor in the Retail Offer;
- No commission will be charged by RetailBook on applications to the Retail Offer.
- UK Investors that wish to receive alerts for future RetailBook transactions should sign up here:
https://www.retailbook.com/investors;
- More information on RetailBook’s partner network and how investors can participate in the
Retail Offer can be found here: https://app.retailbook.com/offers/supermarket-income-reit-2-
plc.
The Retail Offer
Supermarket Income REIT plc (LSE: SUPR), the Main Market listed landlord of omnichannel
supermarkets in the UK, owning grocery assets across the UK and France let predominantly on long,
inflation-linked, full repairing and insuring leases is pleased to announce a conditional retail offer of the
New Ordinary Shares via RetailBook.
As announced earlier today, the Company is also conducting: (i) an institutional placing which will be
made available to new and existing eligible investors (the “UK Placing”); and (ii) a placing to selected
qualifying investors in South Africa (the “South African Placing”, and together with the UK Placing, the
“Placing”). For the avoidance of doubt, the Retail Offer is not part of the Placing.
The price at which the New Ordinary Shares will be issued pursuant to the Retail Offer (the “Issue
Price”) will be the same as the price at which new Ordinary Shares are issued pursuant to the Placing
and will be determined following the close of the bookbuilding process for the UK Placing.
The Retail Offer is conditional on (i) completion of the UK Placing; and (ii)the New Ordinary Shares
being admitted to listing in the Equity Shares (Commercial Companies) category of the Official List of
the Financial Conduct Authority (the “FCA”) and admitted to trading on the main market for listed
securities of London Stock Exchange plc (“Admission”). Admission is expected to take place at 8:00
a.m. on 10 November 2026.
The Retail Offer will not be completed without the UK Placing also being completed.
The Company has identified six earnings enhancing transactions comprising 12 quality assets (the
“Acquisitions”) for an aggregate consideration of £65.2 million. The Company will use the net proceeds
to fund the Acquisitions while maintaining the Company's loan to value ratio at approximately 45% on
a pro-forma basis (Note 1).
Reason for the Retail Offer
The Company values its retail shareholder base and believes that it is in the best interests of
shareholders as well as wider stakeholders, to provide retail and other interested investors the
opportunity to participate in the Retail Offer in line with the Pre-Emption Group guidelines.
The Retail Offer is open to eligible investors resident and physically located in the United Kingdom
following release of this announcement. The Retail Offer is expected to close at 3 p.m. on 3 November
2026 and may close earlier at the discretion of the Company or if it is oversubscribed.
Investors can participate through RetailBook’s partner network of investment platforms, retail brokers
and wealth managers, subject to such partners’ participation. More information on RetailBook’s partner
network can be found https://app.retailbook.com/offers/supermarket-income-reit-2-plc.
Applications for New Ordinary Shares through participating partners can be made from tax efficient
savings vehicles such as ISAs or SIPPs, as well as GIAs. Investors wishing to apply using their ISA,
SIPP or GIA should contact their investment platform, retail broker or wealth manager for details of their
terms and conditions, process and any relevant fees or charges.
The New Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all
respects with existing Ordinary Shares including the right to receive all dividends and other distributions
declared, made or paid after their date of issue.
Brokers wishing to offer their customers access to the Retail Offer and future RetailBook transactions,
should contact partners@retailbook.com. UK Investors that wish to receive alerts for future RetailBook
transactions should sign up here: https://www.retailbook.com/investors.
Eligibility for the Retail Offer
The Retail Offer is available to new and existing shareholders of the Company. To be eligible to
participate in the Retail Offer, applicants must be a customer of a participating partner.
Eligible investors wishing to subscribe for New Ordinary Shares should contact their investment
platform, retail broker or wealth manager to confirm if they are participating in the Retail Offer.
Some partners may only accept applications from existing shareholders and/or existing customers.
There is a minimum subscription of £250 per investor. The terms and conditions on which investors
subscribe will be provided by the relevant financial intermediaries including relevant commission or fee
charges. Note, no commission will be charged to investors by RetailBook in connection with the Retail
Offer.
The Company reserves the right to scale back any order under the Retail Offer at its discretion. The
Company reserves the right to reject any application for subscription under the Retail Offer without
giving any reason for such rejection.
Investors should also note that the Retail Offer will remain open alongside a live share price and the
market price of the shares may be less than the Issue Price.
Investors should make their own investigations into the merits of an investment in the Company.
Nothing in this announcement amounts to a recommendation to invest in the Company or
amounts to investment, taxation or legal advice.
It should be noted that a subscription for New Ordinary Shares and investment in the Company
carries a number of risks. Investors should take independent advice from a person experienced
in advising on investment in securities such as the New Ordinary Shares if they are in any doubt.
An investment in the Company will place capital at risk. The value of your investment in the
Company and any income from it is not guaranteed and can go down as well as rise due to stock
market and currency movements. When you sell your investment, you may get back less than
the amount originally invested.
Neither past performance nor any forecasts should be considered a reliable indicator of future
results.
This announcement should be read in its entirety. In particular, the information in the “Important
Notices” section of the announcement should be read and understood.
Enquiries
Supermarket Income REIT plc ir@suprplc.com
Rob Abraham / Mike Perkins / Chris McMahon
RetailBook Limited capitalmarkets@retailbook.com
Mike Ward / James Deal
Headland Consultancy, PR adviser +44 (0)20 3805 4885
Susanna Voyle / Antonia Pollock / Dan Mahoney
Further information on the Company can be found on its website at https://supermarketincomereit.com.
Important Notices
The contents of this announcement, which has been prepared by and is the sole responsibility of the
Company, have been approved by Retail Book Limited (“RetailBook”) solely for the purposes of
section 21(2)(b) of FSMA.
The Retail Offer is offered in the United Kingdom under an exemption from the requirement to publish
a prospectus contained in Schedule 1 of the Public Offers and Admissions to Trading Regulations 2024
(the “POATR”). As such, there is no need for publication of a prospectus pursuant to the FCA
Prospectus Rules: Admission to Trading on a Regulated Market Sourcebook (the “PRM”), or for
approval of the same by the FCA. The Retail Offer is not being made into any jurisdiction other than the
United Kingdom.
No offering document, prospectus or admission document has been or will be prepared or submitted to
be approved by the FCA (or any other authority) in relation to the Retail Offer, and investors’
commitments will be made solely on the basis of the information contained in this announcement and
information that has been published by or on behalf of the Company prior to the date of this
announcement by notification to a Regulatory Information Service in accordance with the FCA
Disclosure Guidance and Transparency Rules and UK MAR.
This announcement is not for publication or distribution in or into the United States. This announcement
is not an offer of securities for sale into the United States. The securities referred to herein have not
been and will not be registered under the U.S. Securities Act of 1933, as amended (the “US Securities
Act”), and may not be offered or sold in the United States, except pursuant to an applicable exemption
from registration. No public offering of securities is being made in the United States.
The New Ordinary Shares are being offered and sold outside the United States in “offshore
transactions”, as defined in, and in compliance with, Regulation S under the US Securities Act. In
addition, the Company has not been, and will not be, registered under the US Investment Company Act
of 1940, as amended.
This announcement and the information contained herein is not for release, publication or distribution,
directly or indirectly, in whole or in part, in or into Australia, Canada, New Zealand, Japan, the Republic
of South Africa, any member state of the EEA or any other jurisdiction where to do so might constitute
a violation of the relevant laws or regulations of such jurisdiction.
This announcement does not constitute an offer to sell or issue or a solicitation of an offer to buy or
subscribe for New Ordinary Shares in Australia, Canada, New Zealand, Japan, the Republic of South
Africa, any member state of the EEA or any other jurisdiction in which such offer or solicitation is or may
be unlawful. No public offer of the securities referred to herein is being made in any such jurisdiction.
The distribution of this announcement may be restricted by law in certain jurisdictions and persons into
whose possession any document or other information referred to herein comes should inform
themselves about and observe any such restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.
RetailBook is a proprietary technology platform owned and operated by Retail Book Limited (registered
address at 10 Queen Street Place, London EC4R 1AG). Retail Book Limited is authorised and regulated
in the United Kingdom by the FCA (FRN 994238).
The value of Ordinary Shares and the income from them is not guaranteed and can fall as well as rise
due to stock market movements. When you sell your investment, you may get back less than you
originally invested. Figures refer to past performance and past performance is not a reliable indicator
of future results. Returns may increase or decrease as a result of currency fluctuations.
Certain statements in this announcement are forward-looking statements which are based on the
Company’s expectations, intentions and projections regarding its future performance, anticipated
events or trends and other matters that are not historical facts. These forward-looking statements, which
may use words such as “aim”, “anticipate”, “believe”, “intend”, “estimate”, “expect” and words of similar
meaning, include all matters that are not historical facts. These forward-looking statements involve risks,
assumptions and uncertainties that could cause the actual results of operations, financial condition,
liquidity and dividend policy and the development of the industries in which the Company’s businesses
operate to differ materially from the impression created by the forward-looking statements. These
statements are not guarantees of future performance and are subject to known and unknown risks,
uncertainties and other factors that could cause actual results to differ materially from those expressed
or implied by such forward-looking statements. Given those risks and uncertainties, prospective
investors are cautioned not to place undue reliance on forward-looking statements.
These forward-looking statements speak only as at the date of this announcement and cannot be relied
upon as a guide to future performance. The Company and Retail Book expressly disclaim any obligation
or undertaking to update or revise any forward-looking statements contained herein to reflect actual
results or any change in the assumptions, conditions or circumstances on which any such statements
are based unless required to do so by the FCA, the London Stock Exchange or applicable law.
The information in this announcement is for background purposes only and does not purport to be full
or complete. None of RetailBook or any of its affiliates, accepts any responsibility or liability whatsoever
for, or makes any representation or warranty, express or implied, as to this announcement, including
the truth, accuracy or completeness of the information in this announcement (or whether any information
has been omitted from the announcement) or any other information relating to the Company or
associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted
or made available or for any loss howsoever arising from any use of the announcement or its contents
or otherwise arising in connection therewith. RetailBook and its affiliates, accordingly disclaim all and
any liability whether arising in tort, contract or otherwise which they might otherwise be found to have
in respect of this announcement or its contents or otherwise arising in connection therewith.
No statement in this announcement is intended to be a profit forecast and no statement in this
announcement should be interpreted to mean that earnings or target dividend per share of the Company
for the current or future financial years would necessarily match or exceed the historical published
earnings or dividends per share of the Company.
Neither the content of the Company’s website (or any other website) nor the content of any website
accessible from hyperlinks on the Company’s website (or any other website) is incorporated into or
forms part of this announcement. The New Ordinary Shares to be issued or sold pursuant to the Retail
Offer will not be admitted to trading on any stock exchange other than the London Stock Exchange.
No other documents or materials are incorporated into, or form part of this financial promotion and
RetailBook has not carried out any verification or due diligence in respect of any such other documents.
Note 1: Pro-forma LTV based on portfolio valuation as at 30 June 2026, adjusted for acquisitions since that
date and the six transactions.
END
The Company's shares are traded on the LSE's Main Market and on the Main Board of the JSE Limited
in South Africa.
United Kingdom
Sponsor: PSG Capital
Date: 03/11/2026 09:02:00
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