Schroder Eur Real Est Inv Trust PLC Dividend currency exchange rate (SA Rand) (6120Z)

TIDMSERE

RNS Number : 6120Z

Schroder Eur Real Est Inv Trust PLC

21 September 2020

21 September 2020

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 15 September 2020, Schroder European Real Estate Investment Trust plc (the "Company") announced its third

interim dividend for the year ending 30 September 2020 of 1.39   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 21 September 2020 and is set out below:

 
 Declared dividend      Exchange rate   Dividend in South 
                                         African cents per 
                                         share 
 1.39 euro cents per 
  share                 19.52000        27.13280 
                       --------------  ------------------- 
 

Dividend tax will be withheld from the amount of the gross dividend of 27.13280 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 21.70624 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: [phone] 

Ria Vavakis

   Schroder Investment Management Limited                                    Tel: [phone] 

Dido Laurimore Tel: [phone]

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 [phone]

Facsimile [phone]

Email enquiries: [e-mail]

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DIVEAANFAELEEFA

(END) Dow Jones Newswires

September 21, 2020 08:30 ET (12:30 GMT)