Dividend Currency Exchange Rate (SA Rand)

RNS Number : 4200J

Schroder Eur Real Est Inv Trust PLC

12 December 2022

 

12 December 2022

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 6 December 2022, Schroder European Real Estate Investment Trust plc (the "Company") announced its fourth interim dividend for the year ending 30 September 2022 of 1.85 euro cents per share.

The currency exchange rate applicable for the combined interim dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 12 December 2022 and is set out below:

D eclared dividend	Exchange rate	Dividend in South African cents per share
1.85 euro cents per share	1 8.32500	3 3.90125

Dividend tax will be withheld from the amount of the gross dividend of 33.90125. 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 27.12100 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: [phone]

Shilla Pindoria/Ria Vavakis

Schroder Investment Management Limited  Tel: [phone]

Dido Laurimore                                                                            Tel: [phone]

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 [phone]

Facsimile [phone]

Email enquiries: [e-mail]

JSE Sponsor:

PSG Capital

 

END

 

 

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