24 June 2024
NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)
On 19 June 2024, Schroder European Real Estate Investment Trust plc (the "Company") announced its second 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 24 June 2024 and is set out below:
| Declared dividend | Exchange rate | Dividend in South African cents per share |
| 1.48 euro cents per share | 19.34000 | 28.62320 |
Dividend tax will be withheld from the amount of the gross dividend of 28.62320 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 22.89856 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
Lottie Thompson
Schroder Investment Management Limited Tel: 020 7658 6000
Dido Laurimore/Richard Gotla/Oliver Parsons 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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