SCHRODER EUROPEAN REAL ESTATE INV TRUST PLC - Notifications of Major Interests in Shares

Notifications of Major Interests in Shares

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
For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which
   voting rights are attached:

  Schroder European Real Estate Investment Trust Plc

2. Reason for the notification
   (please place an X inside the appropriate bracket/s):

   An acquisition or disposal of voting rights: ( )

   An acquisition or disposal of financial instruments which may result in the
   acquisition of shares already issued to which voting rights are attached: ( )

   An acquisition or disposal of instruments with similar economic effect to
   qualifying financial instruments

   An event changing the breakdown of voting rights: ( )

   Other (please specify): (X) IPO

3. Full name of person(s) subject to notification obligation:

   Schroders plc

4. Full name of shareholder(s) (if different from 3):

   N/A

5. Date of transaction (and date on which the threshold is crossed or reached if
   different):

   9 December 2015

6. Date on which issuer notified:
  
   16 December 2015

7. Threshold(s) that is/are crossed or reached:

   Above 20%

8. Notified Details:

A: Voting rights attached to shares

Class/type of shares    Situation previous to the triggering transaction
if possible use ISIN
CODE
                        Number of shares            Number of voting rights
Ordinary
GB00BY7R8K77            <5%                         <5%

Resulting situation after the triggering transaction
Number of shares        Number of voting rights      % of voting rights

Direct                  Direct           Indirect       Direct       Indirect

21,500,000              10,750,000       10,750,000 10.00%           10.00%


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction

Type of            Expiration Exercise/conversion No. of voting rights % of voting
financial          date       period              that may be          rights
instrument                                        acquired if the
                                                  instrument
                                                  exercised/
                                                  converted
N/A                N/A        N/A                 N/A                  N/A


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction
Type of       Exercise Expiration Exercise/       Number of        % of voting rights
financial     price      date     Conversion      voting rights
instrument                        period          instrument
                                                  refers to
N/A          N/A        N/A           N/A          N/A                  Nominal   Delta

Total (A+B+C)
Number of voting      % of voting rights
rights


21,500,000            20.00%

9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable :

Schroder Investment Management Limited      10,750,000             10.00%

Schroder Investment Company Limited         10,750,000             10.00%

Proxy Voting:

10. Name of proxy holder:

    N/A

11. Number of voting rights proxy holder will cease to hold:

    N/A

12. Date on which proxy holder will cease to hold voting rights:

    N/A

13. Additional information:

   Shares referred to in section 9 as held by Schroder Investment Management
   Limited are held in portfolios managed by Schroder Investment Management
   Limited on a discretionary basis for clients under investment management
   agreements. The shares held by Schroder Investment Company Limited are
   held directly. This disclosure has been calculated based on an issued share
   capital amount 107,500,000.

14. Contact name:

    Ria Vavakis

15. Contact telephone number:
    020 7658 2371

Date: 17 December 2015
Sponsor: PSG Capital (Pty) Ltd

Date: 17/12/2015 05:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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