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

Schroder European Real Estate Investment TrustAnnouncement

25/03/2024 14:00

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RNS Number : 1956I  Schroder Eur Real Est Inv Trust PLC  25 March 2024

25 March 2024

 

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

 

On 20 March 2024, Schroder European Real Estate Investment Trust plc (the
"Company") announced its first interim dividend for the year ending 30
September 2024 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 25 March 2024 and is set out below:

 

 Declared dividend          Exchange rate  Dividend in South African cents per share
 1.48 euro cents per share  20.53800       30.39624

 

Dividend tax will be withheld from the amount of the gross dividend of
30.39624 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 24.31699
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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