Notice of dividend currency exchange rate- SA RAND

RNS Number : 4573V

Schroder Eur Real Est Inv Trust PLC

13 December 2021

 

Schroder European Real Estate Investment Trust PLC

(Incorporated in England and Wales)

Registration number: 09382477

JSE Share Code: SCD

LSE Ticker: SERE

ISIN number: GB00BY7R8K77

13 December 2021

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 7 December 2021, Schroder European Real Estate Investment Trust plc (the "Company") announced its fourth interim dividend for the year ending 30 September 2021 of 1.85   euro cents per share and a special dividend of 4.75 euro cents per share, resulting in a combined interim dividend of 6.6 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 13 December 2021 and is set out below:

	Euro cents per share	Exchange rate	G ross Dividend in South African cents per share	N et Dividend in South African cents per share
D eclared fourth interim dividend	1.85	17.97000	33.24450	26.59560
D eclared special dividend	4.75	17.97000	85.35750	68.28600

Dividend tax will be withheld from the amount of the gross dividend of 118.60200. 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 94.88160 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]

Benjamin Hanley

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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