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SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Fourth Interim Dividend

Release Date: 09/12/2019 09:01
Code(s): SCD     PDF:  
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Fourth Interim Dividend

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

9 December 2019


                                       FOURTH INTERIM DIVIDEND

Schroder European Real Estate Investment Trust plc (the “Company”) announces its fourth interim dividend for
the year ended 30 September 2019 of 1.85 euro cents per share.

The interim dividend payment will be made on Monday, 27 January 2020 to shareholders on the register on
the record date of Friday, 10 January 2020. In South Africa, the last day to trade will be Tuesday, 7 January
2020 and the ex-dividend date will be Wednesday, 8 January 2020. In the UK, the last day to trade will be
Wednesday, 8 January 2020 and the ex-dividend date will be Thursday, 9 January 2020.

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 Tuesday, 17 December 2019. 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, 10 January 2020. 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,
13 January 2020. Conversion to rand will take place on Friday, 20 December 2019.

Shares cannot be moved between the South African register and the UK register between Tuesday, 17
December 2019 and Monday, 13 January 2020, both days inclusive. Shares may not be dematerialised or
rematerialised in South Africa between Wednesday, 8 January 2020 and Friday, 10 January 2020, 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 Tuesday, 17 December 2019.

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 / Ellie Sweeney / Richard Gotla
FTI Consulting                                                  Tel: 020 3727 1000

JSE Sponsor:
PSG Capital

Date: 09-12-2019 09:01:00
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