Dividend currency exchange rate (SA Rand)

About this update from Schroder European Real Estate Investment Trust Plc

[{"type":"text","content":"\n \n \n 27 June 2022\n \n \n  \n \n \n \n NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)\n \n \n \n  \n \n \n On 21 June 2022, Schroder European Real Estate Investment Trust plc (the \"Company\") announced its second interim dividend for the year ending 30 September 2022 of\n 1.85\n euro cents per share and a special dividend of 4.75 euro cents per share, resulting in a combined interim dividend of 6.6 euro cents per share.\n \n \n  \n \n \n The currency exchange rate applicable for the combined interim dividend payable in South African cents to shareholders on the South African register is based on the exchange rate on 27 June 2022 and is set out below:\n \n \n  \n \n \n \n \n \n \n Combined declared dividend\n \n \n \n \n Euro cents per share\n \n \n \n \n Exchange rate\n \n \n \n \n Dividend in South African cents per share\n \n \n \n \n \n \n Declared s\n econd\n interim dividend\n \n \n \n \n 1\n .85\n \n \n \n \n 16.81000\n \n \n \n \n 31.0985\n \n \n \n \n \n \n Declared special dividend\n \n \n \n \n 4\n .75\n \n \n \n \n 16.81000\n \n \n \n \n 79.8475\n \n \n \n \n \n \n  \n \n \n Dividend tax will be withheld from the amount of the gross dividend of 110.9460 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.\n \n \n  \n \n \n After the dividend tax has been withheld, the net dividend will be\n 88.7568\n South African cents per share.\n \n \n  \n \n \n 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.\n \n \n  \n \n \n \n  \n \n \n Enquiries:\n \n \n \n  \n \n \n Jeff O'Dwyer\n \n \n Schroder Real Estate Investment Management Limited    Tel: 020 7658 6000\n \n \n  \n \n \n Ria Vavakis\n \n \n Schroder Investment Management Limited                                       Tel: 020 7658 2371\n \n \n  \n \n \n Dido Laurimore                                                       &nb...

More updates from Schroder European Real Estate Investment Trust Plc