REG - Schroder Euro Real - Dividend Declaration

Schroder European Real Estate Investment TrustAnnouncement

06/12/2024 07:15

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RNS Number : 0516P  Schroder Eur Real Est Inv Trust PLC  06 December 2024

  6 December 2024

 

 

Fourth INTERIM DIVIDEND

 

Schroder European Real Estate Investment Trust plc (the "Company") announces
its fourth interim dividend for the year ended 30 September 2024 of 1.48 euro
cents per share.

 

The interim dividend payment will be made on Friday, 31 January 2025 to
shareholders on the register on the record date of Friday, 3 January 2025.
In South Africa, the last day to trade will be Monday, 30 December 2024 and
the ex-dividend date will be Tuesday, 31 December 2024. In the UK, the last
day to trade will be Tuesday, 31 December 2024 and the ex-dividend date will
be Thursday, 2 January 2025.

 

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 Wednesday, 11 December 2024. 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, 3 January 2025. 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 Monday, 6 January 2025.

 

Shares cannot be moved between the South African register and the UK register
between Wednesday, 11 December 2024 and Friday, 3 January 2025, both days
inclusive. Shares may not be dematerialised or rematerialised in South Africa
between Tuesday, 31 December 2024 and Friday, 3 January 2025, 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 Wednesday, 11
December 2024.

 

 

 

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/Oliver Parsons

FTI Consulting
 
Tel: 020 3727 1000

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