REG - Schroder Euro Real - Dividend Declaration

Schroder European Real Estate Investment TrustAnnouncement

19/06/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240619:nRSS9300Sa&default-theme=true

RNS Number : 9300S  Schroder Eur Real Est Inv Trust PLC  19 June 2024

  19 June 2024

 

 

SECOND INTERIM DIVIDEND

 

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

 

The interim dividend payment will be made on Friday, 9 August 2024 to
shareholders on the register on the record date of Friday, 12 July 2024.  In
South Africa, the last day to trade will be Tuesday, 9 July 2024 and the
ex-dividend date will be Wednesday, 10 July 2024. In the UK, the last day to
trade will be Wednesday, 10 July 2024 and the ex-dividend date will be
Thursday, 11 July 2024.

 

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, 24 June 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, 12 July 2024. 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, 15 July 2024.

 

Shares cannot be moved between the South African register and the UK register
between Monday, 24 June 2024 and Friday, 12 July 2024, both days inclusive.
Shares may not be dematerialised or rematerialised in South Africa between
Wednesday, 10 July 2024 and Friday, 12 July 2024, 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, 24
June 2024.

 

 

 

Enquiries:

 

Jeff O'Dwyer

Schroder Real Estate Investment Management
Limited                Tel: 020 7658 6000

 

Lottie Thompson

Schroder Investment Management
Limited
 Tel: 078 9004 7299

 

Dido Laurimore/Richard Gotla/Oliver Parsons

FTI Consulting
 
      Tel: 020 3727 1000

 

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  DIVGPUBWQUPCGCR