Cash dividend and Dividend Reinvestment Plan
Correction to dividend taxation breakdown from prior day announcement.
- Total cash dividend (UK shareholders) 2.80447p
- PID component 53%
- Non-PID component 47%
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LSE (GBP) Share Code: SRE
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Update to Cash dividend and offer of Dividend Reinvestment Plan
Shareholders are referred to the Sirius announcement titled "Cash dividend and offer of Dividend Reinvestment Plan", published on 17 November 2025 (the "Announcement"). Shareholders are advised that certain information in the table on page 4 of the Announcement was incorrectly transposed. All other information contained in the Announcement remains accurate and unchanged.
Shareholders should instead refer to the table below, which replaces that reflected in the Announcement.
Property Income Distribution ("PID"), non-PID and taxation
Shareholders are advised that the cash dividend declared will be paid as 53% PID and 47% non-PID.
Shareholders will thus be paid as follows:
| UK Shareholders (EURO cents) | UK Shareholders (GBP pence) | SA Shareholders (ZAR cents) | |
|---|---|---|---|
| Total (gross) | 3.18c | 2.80447p | 62.93252 cents |
| PID | |||
| Gross amount of PID | 1.68540c | 1.48637p | 33.35424 cents |
| Less 20% UK withholding tax* | 0.33708c | 0.29727p | 6.67085 cents |
| Net PID payable** | 1.34832c | 1.18910p | 26.68339 cents |
| Less effective 5% SA dividends tax for SA Shareholders (SA only)*** | N/A | N/A | 1.66771 cents |
| Net PID payable | 1.34832c | 1.18910p | 25.01568 cents |
| Non-PID | |||
| Gross amount of non-PID | 1.49460c | 1.31810p | 29.57828 cents |
| Less 20% SA dividends tax (SA only)**** | - | - | 5.91566 cents |
| Non-PID payable (net SA only) | 1.49460c | 1.31810p | 23.66262 cents |
* Certain categories of UK Shareholders may apply for exemption, in which case the PID element will be paid gross of UK withholding tax.
** Net position after deducting UK withholding tax for both UK and SA Shareholders, but before eligible SA Shareholders have claimed back 5% from His Majesty's Revenue & Customs under the double taxation agreement between the UK and South Africa in respect of the UK withholding tax.
*** SA dividends tax applies at the rate of 20% for SA Shareholders if an exemption does not exist, but eligible SA Shareholders receive a rebate of the UK withholding taxes suffered (which rate is effectively 15%, after taking into account the 5% rebate referred to in **).
**** SA dividends tax applies at the rate of 20% for SA Shareholders if an exemption does not exist.
| For further information: Sirius Real Estate AJ Gallagher Group Company Secretary | +49 +44 (0) 20 3059 0855 |
| FTI Consulting (financial PR) Richard Sunderland Ellie Smith SiriusRealEstate@fticonsulting.com | +44 (0) 20 3727 1000 |
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.