SCHRODER EUROPEAN REIT PLC

Notice of Dividend Amount • Mar 11, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 4908S

Schroder Eur Real Est Inv Trust PLC

11 March 2019

11 March 2019

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 7 March 2019, Schroder European Real Estate Investment Trust plc (the "Company") announced its first interim dividend for the year ending 30 September 2019 of 1.85 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 11 March 2019 and is set out below:

Declared dividend	Exchange rate	Dividend in South African cents per share
1.85 euro cents per share	16.14250	29.86363

Dividend tax will be withheld from the amount of the gross dividend of 29.86363 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 23.89090 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/Jeff O'Dwyer

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

JSE Sponsor:

PSG Capital Proprietary Limited

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DIVZFLFFKXFFBBZ