Notice of dividend currency exchange rate- SA RAND
Updated : 12:30
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 | Gross Dividend in South African cents per share | Net Dividend in South African cents per share |
Declared fourth interim dividend | 1.85 | 17.97000 | 33.24450 | 26.59560 |
Declared 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: 020 7658 6000
Benjamin Hanley
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
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