Update on Secondary Listing on the JSE

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with secure, inflation-linked, long-dated income from grocery property, is pleased to confirm the publication of a pre-listing announcement ("PLA") relating to a secondary inward listing on the Main Board of the JSE Limited ("JSE"). The listing of SUPR on the JSE is expected to become effective on 13 December 2024.

The Company will not place or issue any new shares in connection with its application for a secondary listing on the JSE and will remain listed on the closed-ended investment funds category of the Financial Conduct Authority's Official List and traded on the London Stock Exchange's Main Market.

The Company believes that admission to trading of the shares on the JSE will yield a number of benefits to both the Company and its shareholders, enhancing liquidity in its shares and improving the diversity of its shareholder base through an increased profile in the South African stock market.

PSG Capital Proprietary Limited has been appointed as Transaction Advisor and Sponsor in South Africa.