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

Schroder European Real Estate Investment TrustAnnouncement

24/06/2024 14:00

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RNS Number : 6284T  Schroder Eur Real Est Inv Trust PLC  24 June 2024

24 June 2024

 

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

 

On 19 June 2024, Schroder European Real Estate Investment Trust plc (the
"Company") announced its second 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 24 June 2024 and is set out below:

 

 Declared dividend          Exchange rate  Dividend in South African cents per share
 1.48 euro cents per share  19.34000       28.62320

 

Dividend tax will be withheld from the amount of the gross dividend of
28.62320 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 22.89856
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

 

Lottie Thompson

Schroder Investment Management Limited
             Tel: 020 7658 6000

 

Dido Laurimore/Richard Gotla/Oliver 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)

 

JSE Sponsor:

PSG Capital

 

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