SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Notice of Dividend Currency Exchange Rate (South African Rand)

Release Date: 13/08/2018 15:13
Code(s): SCD
 
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Notice of Dividend Currency Exchange Rate (South African Rand)

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

13 August 2018

             NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 3 August 2018, Schroder European Real Estate Investment Trust plc (the “Company”) announced its
third interim dividend for the year ending 30 September 2018 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 13 August 2018 and is set out below:


 Declared dividend                 Exchange rate                     Dividend in South African
                                                                     cents per share


 1.85 euro cents per share         16.44500                          30.42325


Dividend tax will be withheld from the amount of the gross dividend of 30.42325 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 24.33860 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: web.queries@computershare.co.za

JSE Sponsor:
PSG Capital Proprietary Limited

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