Notice of Dividend Amount • Dec 17, 2019
Notice of Dividend Amount
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National Storage Mechanism | Additional information
RNS Number : 1868X
Schroder Eur Real Est Inv Trust PLC
17 December 2019
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
17 December 2019
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)
On 9 December 2019, Schroder European Real Estate Investment Trust plc (the "Company") announced its fourth interim dividend for the year ended 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 17 December 2019 and is set out below:
| Declared dividend | Exchange rate | Dividend in South African cents per share |
| 1.85 euro cents per share | 16.06000 | 29.71100 |
Dividend tax will be withheld from the amount of the gross dividend of 29.71100 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 23.76880 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: [email protected]
JSE Sponsor:
PSG Capital
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 [email protected] or visit www.rns.com.
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