REG - Schroder Euro Real - Dividend Declaration

Schroder European Real Estate Investment TrustAnnouncement

06/12/2023 07:15

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RNS Number : 7949V  Schroder Eur Real Est Inv Trust PLC  06 December 2023

6 December 2023

 

FOURTH INTERIM DIVIDEND

 

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

 

The interim dividend payment will be made on Thursday, 25 January 2023 to
shareholders on the register on the record date of Friday, 29 December 2023.
In South Africa, the last day to trade will be Friday, 22 December 2023 and
the ex-dividend date will be Wednesday, 27 December 2023. In the UK, the last
day to trade will be Wednesday, 27 December 2023 and the ex-dividend date will
be Thursday, 28 December 2023.

 

The interim dividend will be paid in sterling to shareholders on the UK
register and rand to shareholders on the South African register. The exchange
rate for determining the interim dividend paid in rand will be confirmed by
way of an announcement on Monday, 11 December 2023. UK shareholders are able
to make an election to receive dividends in euro. The form for applying for
such election can be obtained from the Company's UK registrars (Equiniti
Limited) and any such election must be received by the Company no later than
the close of business on Friday, 29 December 2023. The exchange rate for
determining the interim dividend paid in sterling will be confirmed following
the election cut off date by way of an announcement on Tuesday, 2 January
2024.

 

Shares cannot be moved between the South African register and the UK register
between Monday, 11 December 2023 and Friday, 29 December 2023, both days
inclusive. Shares may not be dematerialised or rematerialised in South Africa
between Wednesday, 27 December 2023 and Friday, 29 December 2023, both days
inclusive.

 

The Company has a total of 133,734,686 shares in issue on the date of this
announcement.  The dividend will be distributed by the Company (UK tax
registration number 21696 04839) and is regarded as a foreign dividend for
shareholders on the South African register.  In respect of South African
shareholders, dividend tax will be withheld from the amount of the dividend
noted above at the rate of 20% unless the shareholder qualifies for the
exemption.  Further dividend tax information for South African shareholders
will be included in the exchange rate announcement to be made on Monday, 11
December 2023.

 

 

 

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 / Richard Gotla / Oliver Parsons

FTI
Consulting
                Tel: 020 3727 1000

 

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