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IN BRIEF: Supermarket Income REIT now in equity shares in London

ALN

Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Says its listing is in the equity shares category on the London Stock Exchange from Wednesday. Shareholders approved the transfer of its listing last month. Supermarket Income believes the equity shares category is 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. In March, Supermarket said it had agreed with its manager Atrato Group to internalise its management function.

Current stock price in London: 81.10 pence

12-month change: up 7.6%

Current stock price in Johannesburg: R 19.60, up 0.1%

12-month change: down 98% since December listing on JSE

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