Schroder Eur Real Est Inv Trust PLC DIVIDEND CURRENCY EXCHANGE RATE (SA RAND) (2188T)
January 03 2017 - 9:00AM
UK Regulatory
TIDMSERE
RNS Number : 2188T
Schroder Eur Real Est Inv Trust PLC
03 January 2017
3 January 2017
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN
RAND)
On 14 December 2016, Schroder European Real Estate Investment
Trust plc (the "Company") announced its second interim dividend for
the period to 30 September 2016 of 0.9 euro cents per share.
The currency exchange rate applicable for the dividend payable
in South African cents to shareholders on the South African
register is based on the exchange rate on 3 January 2017 and is set
out below:
Declared dividend Exchange rate Dividend in South
African cents
per share
------------------- -------------- ------------------
0.9 euro cents
per share 14.28500 12.85650
------------------- -------------- ------------------
Dividend tax will be withheld from the amount of the gross
dividend of 12.85650 South African cents per share paid to
shareholders on the South African register at the rate of 15 per
cent unless a shareholder qualifies for exemption.
After the dividend tax has been withheld, the net dividend will
be 10.92803 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:
Duncan Owen/Tony Smedley
Schroder Real Estate Investment Management Limited Tel: 020 7658 6000
Ria Vavakis
Schroder Investment Management Limited Tel: 020 7658 2371
Dido Laurimore 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 - PO Box 61051
Marshalltown 2107
Telephone +27 11 373 0033
Facsimile +27 11 688 5218
Email enquiries: web.queries@computershare.co.za
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVBJMJTMBAMBMR
(END) Dow Jones Newswires
January 03, 2017 09:00 ET (14:00 GMT)
Schroder European Real E... (LSE:SERE)
Historical Stock Chart
From Apr 2024 to May 2024
Schroder European Real E... (LSE:SERE)
Historical Stock Chart
From May 2023 to May 2024