Wrap Text
Notification and public disclosure of transactions by PDMRs
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
(“SUPR” or the “Company”)
16 October 2026
Grant of 2026 LTIP awards
Notification and public disclosure of transactions by PDMRs
Supermarket Income REIT plc (LSE: SUPR), announces that it has granted awards in the form of
nominal cost options ("Awards") over ordinary shares of the Company of £0.01 each ("Shares")
pursuant to its Long Term Incentive Plan (the “LTIP”), on 14 October 2026 to the Executive Directors in
the following table. Awards take the form of Performance Share Awards ("PSAs") and Deferred Share
Bonus Awards ("DSBAs"), as set out below.
Director Type of Award Number of
Shares under
Award
Rob Abraham PSA 1,197,530
Mike Perkins PSA 876,543
Rob Abraham DSBA 249,480
Mike Perkins DSBA 182,952
PSAs
The exercise price for each PSA is £0.01 per Share, being the nominal cost of a Share. Vesting
of the PSAs is subject to continued service and satisfaction of performance conditions relating to the
following metrics:
(i) Relative Total Shareholder Return ("TSR") measured against the constituents of the FTSE
350 Real Estate sector excluding agencies (50% weighting). 25% of this part of an award
will vest for median TSR, increasing pro-rata to 100% of this part of an award vesting for
upper quartile TSR as measured from 1 July 2026 to the date of publication of results for
the 2029 financial year;
(ii) EPRA earnings per share ("EPS") performance for the 2029 financial year (25% weighting).
25% of this part of an award will vest for the 2029 financial year EPS of 6.37p increasing
pro-rata to 100% of this part of an award vesting for the 2029 financial year EPS of 7.05p;
and
(iii) Total accounting return ("TAR") during the 2027, 2028 and 2029 financial years (25%
weighting). 25% of this part of an award will vest for TAR of 5% p.a. increasing pro-rata to
100% of this part of an award vesting for TAR of 10% p.a..
In addition to the performance conditions outlined above, the Remuneration Committee will retain
discretion to adjust any formulaic outcome for the PSAs if it considers it necessary to take account of
its broader assessment of Company or executive performance and the stakeholder experience more
generally over the vesting period.
The vesting date of the PSAs will be the date of publication of results for the 2029 financial year.
A holding period of two years from the date of vesting applies to the PSAs granted to the Executive
Directors (and any Shares resulting from the PSAs).
DSBAs
The exercise price for each DSBA is £0.01 per Share, being the nominal cost of a Share. The
DSBAs relate to the deferral of 50% of the annual bonus for the 2026 financial year, which would otherwise
be paid in cash, into options over Shares with a future vesting date conditional upon continued employment.
The vesting date of the DSBAs will be the second anniversary of the grant date.
Notifications made in accordance with the requirements of Article 19 of the UK Market Abuse
Regulation.
The following notifications are made in accordance with the requirements of Article 19 of the UK Market
Abuse Regulation.
1 Details of the person discharging managerial
responsibilities/persons
closely associated
a) Name Rob Abraham
2 Reason for notification
a) Position/Status Chief Executive Officer
b) Initial Initial notification
notification/amendment
3 Details of the issuer, emission allowance market participant,
auction
platform, auctioneer or auction monitor
a) Name Supermarket Income REIT plc
b) LEI 2138007FOINJKAM7L537
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each
place where transactions have been conducted
a) Description of the financial Ordinary Shares of £0.01
instrument, type of each ISIN: GB00BF345X11
instrument and identification
code
b) Nature of transaction Grant of nominal cost options over
Shares under the Company’s Long Term
Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
(1) PSA Nil 1,197,530
(2) DSBA Nil 249,480
d) Aggregated Information
- Volume 1,447,010
- Price Nil
e) Date of transaction 14 October 2026
f) Place of transaction Outside of a trading venue
1 Details of the person discharging managerial
responsibilities/persons
closely associated
a) Name Mike Perkins
2 Reason for notification
a) Position/Status Chief Financial Officer
b) Initial Initial notification
notification/amendment
3 Details of the issuer, emission allowance market participant,
auction
platform, auctioneer or auction monitor
a) Name Supermarket Income REIT plc
b) LEI 2138007FOINJKAM7L537
4 Details of the transaction(s): section to be repeated for (i) each
type of
instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
a) Description of the financial Ordinary Shares of £0.01 each
instrument, type of ISIN: GB00BF345X11
instrument and identification
code
b) Nature of transaction Grant of nominal cost options over
Shares under the Company’s Long Term
Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
(1) PSA Nil 876,543
(2) DSBA Nil 182,952
d) Aggregated Information
- Volume 1,059,495
- Price Nil
e) Date of transaction 14 October 2026
f) Place of transaction Outside of a trading venue
FOR FURTHER INFORMATION
Supermarket Income REIT plc
Rob Abraham / Mike Perkins / Chris McMahon ir@suprplc.com
Headland Consultancy +44 (0)20 3805 4885
Susanna Voyle / Jack Gault / Dan Mahoney SUPR@headlandconsultancy.com
NOTES TO EDITORS:
Supermarket Income REIT plc(LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed
company dedicated to investing in grocery properties which are an essential part of national food
infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling
online and in-person sales and are let to leading supermarket operators in the UK and Europe. The
portfolio was valued at £2.0 billion as at 30 June 2026.
The Company's properties earn long-dated, secure, inflation-linked, growing rental income. SUPR
targets a progressive dividend and the potential for long term capital growth.
The Company's shares are traded on the LSE's Main Market and on the Main Board of the JSE Limited
in South Africa.
Further information is available on the Company's website www.supermarketincomereit.com
United Kingdom
Sponsor: PSG Capital
Date: 16/10/2026 08:00:00
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