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

Schroder European Real Estate Investment TrustAnnouncement

24/03/2025 14:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250324:nRSX9134Ba&default-theme=true

RNS Number : 9134B  Schroder Eur Real Est Inv Trust PLC  24 March 2025

24 March 2025

 

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

 

On 18 March 2025, Schroder European Real Estate Investment Trust plc (the
"Company") announced its first interim dividend for the year ended 30
September 2025 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 24 March 2025 and is set out below:

 

 Declared dividend          Exchange rate  Dividend in South African cents per share
 1.48 euro cents per share  19.67000       29.11160

 

Dividend tax will be withheld from the amount of the gross dividend of
29.11160 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 23.28928
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

 

Natalia de Sousa

Schroder Investment Management Limited
            Tel: 020 7658 6000

 

Dido Laurimore/Richard Gotla/Ollie Parsons
             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)

 

The Company has a primary listing on the London Stock Exchange and a secondary
listing on the JSE Limited.

 

JSE Sponsor

PSG Capital

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVJIMJTMTMTBFA