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Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Says shareholders have approved the transfer of its listing at a general meeting held on Tuesday. Supermarket Income is moving its listing from the closed-ended investment funds class to the equity shares one. Believes that equity shares category is more suited to a UK real estate investment trust with an internalised management structure. Late in March, Supermarket completed the internalisation of investment management. Shareholders approved the internalisation at a general meeting in March Rob Abraham became chief executive officer and Mike Perkins was chief financial officer. The duo join the board as executive directors with immediate effect. In March, Supermarket said it had agreed with its manager Atrato Group to internalise its management function. Current stock price in London: 83.10 pence, up 0.9% on Tuesday afternoon 12-month change: up 16% Current stock price in Johannesburg: R 20.29, up 6.2% 12-month change: up 19% since December listing on JSE Copyright 2025 Alliance News Ltd. All Rights Reserved.
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