European Assets Trust Regulatory News (EAT)

To: RNS

From: European Assets Trust PLC

Date: 30 June 2021

LEI: 213800N61H8P3Z4I8726

July Quarterly Dividend

European Assets Trust PLC ("the Company") announces that a dividend of 2.0 pence per share will be paid on 30 July 2021 to shareholders on the register on 9 July 2021, having an ex-dividend date of 8 July 2021.

In addition, the Company has paid dividends of 2.0 pence per share in January and April 2021. It will also pay a further dividend of 2.0 pence per share in October 2021. These four interim dividends, with a cumulative total of 8.0 pence per share, provide an annual payment to shareholders representing six per cent of the closing net asset value per share of the Company as at 31 December 2020.

As at 31 December 2020, the Company's audited financial statements reported a Distributable Reserve of £346 million. In addition, as at 28 June 2021, the latest practicable date prior to publication of this announcement, €15 million of the Company's €45 million multi-currency loan facility with RBSI was undrawn and the Company had a cash balance of €9.6 million.

Enquiries:

Scott McEllen

BMO Investment Business Limited Tel: 0207 628 8000