17 September 2024
NOTICE OF DIVIDEND CURRENCY
EXCHANGE RATE (SOUTH AFRICAN RAND)
On 12 September 2024, Schroder
European Real Estate Investment Trust plc (the "Company") announced
its third interim dividend for the year ending 30 September 2024 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 17 September 2024 and is set out below:
|
Declared dividend
|
Exchange
rate
|
Dividend in
South African cents per share
|
|
1.48 euro cents per share
|
19.61380
|
29.02842
|
Dividend tax will be withheld from
the amount of the gross dividend of 29.02842 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 23.22274
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.
Jeff O'Dwyer
Schroder Real Estate Investment
Management
Limited
Tel: 020 7658 6000
Natalia de Sousa
Schroder Investment Management
Limited
Tel: 020 7658 6000
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 - Private Bag
X9000
Saxonwold, 2132.
Telephone +27 11 373 0033
Facsimile +27 11 688 5218
Email enquiries:
web.queries@computershare.co.za
JSE Sponsor:
PSG Capital