19
June 2024
SECOND
INTERIM DIVIDEND
Schroder European Real Estate
Investment Trust plc (the "Company") announces its second interim
dividend for the year ending 30 September 2024 of 1.48 euro cents
per share.
The interim dividend payment will be
made on Friday, 9 August 2024 to shareholders on the register on
the record date of Friday, 12 July 2024. In South Africa, the
last day to trade will be Tuesday, 9 July 2024 and the ex-dividend
date will be Wednesday, 10 July 2024. In the UK, the last day to
trade will be Wednesday, 10 July 2024 and the ex-dividend date will
be Thursday, 11 July 2024.
The interim dividend will be paid in
sterling to shareholders on the UK register and rand to
shareholders on the South African register. The exchange rate for
determining the interim dividend paid in rand will be confirmed by
way of an announcement on Monday, 24 June 2024. UK shareholders are
able to make an election to receive dividends in euro. The form for
applying for such election can be obtained from the Company's UK
registrars (Equiniti Limited) and any such election must be
received by the Company no later than the close of business on
Friday, 12 July 2024. The exchange rate for determining the interim
dividend paid in sterling will be confirmed following the election
cut off date by way of an announcement on Monday, 15 July
2024.
Shares cannot be moved between the
South African register and the UK register between Monday, 24 June
2024 and Friday, 12 July 2024, both days inclusive. Shares may not
be dematerialised or rematerialised in South Africa between
Wednesday, 10 July 2024 and Friday, 12 July 2024, both days
inclusive.
The Company has a total of
133,734,686 shares in issue on the date of this announcement.
The dividend will be distributed by the Company (UK tax
registration number 21696 04839) and is regarded as a foreign
dividend for shareholders on the South African register. In
respect of South African shareholders, dividend tax will be
withheld from the amount of the dividend noted above at the rate of
20% unless the shareholder qualifies for the exemption.
Further dividend tax information for South African shareholders
will be included in the exchange rate announcement to be made on
Monday, 24 June 2024.
Enquiries:
Jeff O'Dwyer
Schroder Real Estate Investment
Management
Limited
Tel: 020 7658 6000
Lottie Thompson
Schroder Investment Management
Limited
Tel: 078 9004 7299
Dido Laurimore/Richard Gotla/Oliver
Parsons
FTI
Consulting
Tel: 020 3727
1000