REG - Schroder Euro Real - Dividend Currency Exchange Rate (SA Rand)

Schroder European Real Estate Investment TrustAnnouncement

11/12/2023 13:00

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RNS Number : 3676W  Schroder Eur Real Est Inv Trust PLC  11 December 2023

11 December 2023

 

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

 

On 6 December 2023, Schroder European Real Estate Investment Trust plc (the
"Company") announced its fourth interim dividend for the year ended 30
September 2023 of 1.48 euro cents per share.

 

The currency exchange rate applicable for the interim dividend payable in
South African cents to shareholders on the South African register is based on
the exchange rate on 11 December 2023 and is set out below:

 

 Declared dividend          Exchange rate  Dividend in South African cents per share
 1.48 euro cents per share  20.59200       30.47616

 

Dividend tax will be withheld from the amount of the gross dividend of
30.47616 South African cents per share paid to shareholders on the South
African register at the rate of 20 per cent unless a shareholder qualifies for
exemption.

 

After the dividend tax has been withheld, the net dividend will be 24.38093
South African cents per share.

 

For the avoidance of doubt, dividend tax, and therefore the information
provided in this announcement, is only of direct application to shareholders
on the South African register.

 

 

Enquiries:

 

Jeff O'Dwyer

Schroder Real Estate Investment Management
Limited                  Tel: 020 7658 6000

 

Shilla Pindoria

Schroder Investment Management Limited
            Tel: 020 7658 6000

 

Dido Laurimore
                                             Tel: 020
3727 1000

FTI Consulting

 

Shareholders on the South African branch register should direct any questions
regarding the application of the dividend tax to the Company's Transfer
Secretary:

 

Computershare Investor Services (Pty) Limited

Rosebank Towers, 15 Biermann Avenue

Rosebank, 2196, South Africa

Postal Address - Private Bag X9000

Saxonwold, 2132.

Telephone +27 11 373 0033

Facsimile +27 11 688 5218

Email enquiries: web.queries@computershare.co.za
(mailto:web.queries@computershare.co.za)

 

JSE Sponsor:

PSG Capital

 

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