Dividend Currency Exchange Rate (SA Rand)

Schroder Eur Real Est Inv Trust PLC

03 October 2023

 

3 October 2023

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 28 September 2023, Schroder European Real Estate Investment Trust plc (the "Company") announced its third interim dividend for the year ended 30 September 2023 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 3 October 2023 and is set out below:

Declared dividend	Exchange rate	Dividend in South African cents per share
1.48 euro cents per share	20.19000	29.88120

Dividend tax will be withheld from the amount of the gross dividend of 29.88120 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 23.90496 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

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