Notice of dividend currency exchange (SA Rand)

About this update from Schroder European Real Estate Investment Trust Plc

[{"type":"text","content":"\n \nRNS Number : 4908S Schroder Eur Real Est Inv Trust PLC 11 March 2019  \n\n11 March 2019\n \nNOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)\n \nOn 7 March 2019, Schroder European Real Estate Investment Trust plc (the \"Company\") announced its first interim dividend for the year ending 30 September 2019 of 1.85 euro cents per share.\n \nThe 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 11 March 2019 and is set out below:\n \n\n\n\n\nDeclared dividend \n\n\nExchange rate\n\n\nDividend in South African cents per share\n\n\n\n\n1.85 euro cents per share\n\n\n16.14250\n\n\n29.86363\n\n\n\n\n \nDividend tax will be withheld from the amount of the gross dividend of 29.86363 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 \nAfter the dividend tax has been withheld, the net dividend will be 23.89090 South African cents per share. \n \nFor 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 \nEnquiries:\n\n \nDuncan Owen/Jeff O'Dwyer\nSchroder Real Estate Investment Management Limited                  Tel: 020 7658 6000\n \nRia Vavakis\nSchroder Investment Management Limited                                     Tel: 020 7658 2371\n \nDido Laurimore                                                                                Tel: 020 3727 1000\nFTI Consulting    \n \nShareholders on the South African branch register should direct any questions regarding the application of the dividend tax to the Company's Transfer Secretary:\n \nComputershare Investor Services (Pty) Limited\nRosebank Tower...

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