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Supermarket Income REIT has launched a retail share offer, allowing eligible investors in the UK to participate with a minimum investment of GBP 250. The offer is being conducted alongside institutional fundraising and forms part of the company's broader capital-raising exercise. The proceeds are expected to support the acquisition of supermarket assets across the UK, strengthening its grocery-focused real estate portfolio. The retail offer is available through the RetailBook platform and remains subject to shareholder approval and regulatory requirements before the new shares are admitted to trading.
Supermarket Income REIT Plc has launched a retail share offer with a minimum subscription of GBP 250 per investor, giving eligible retail investors an opportunity to participate in the company's latest equity fundraising alongside institutional investors. The announcement was made through a regulatory filing by the company.
The retail offer is being conducted through the RetailBook platform and is running in parallel with an institutional placing in the UK as well as a separate placing for qualifying investors in South Africa. The final issue price of the new ordinary shares will be determined once the bookbuilding process concludes.
According to the company, the net proceeds from the fundraising will be used to partly finance the acquisition of a portfolio of three supermarket properties valued at around GBP 118 million, along with a pipeline of six additional UK grocery assets worth approximately GBP 98 million. The initial portfolio includes stores occupied by major supermarket chains in Manchester, Edinburgh and Halifax.
The company also stated that the retail offer has been structured in line with Pre-Emption Group guidelines, allowing existing shareholders as well as new retail investors to participate on similar terms. Investors can apply through eligible brokers, wealth managers and investment platforms using ISAs, SIPPs or general investment accounts, with RetailBook not charging commission on subscriptions.
Admission of the new shares will depend on shareholder approval at a general meeting scheduled for early August 2026, after which the shares are expected to begin trading on the London Stock Exchange. The new shares will rank equally with the existing ordinary shares, except they will not be entitled to receive the fourth quarterly dividend for the financial year ended June 30, 2026.
Supermarket Income REIT is a UK-listed real estate investment trust focused on investing in grocery-led real estate. Since its launch in 2017, the company has built a portfolio of supermarket properties leased to leading retailers under long-term, inflation-linked agreements, making grocery assets a key part of its investment strategy.
Source Reuters
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