Schroder Real Regulatory News (SREI)

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY ORINDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTHAFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL OR TO U.S.PERSONS. Schroder Real Estate Investment Trust Limited 20 November 2014 Results of placing Further to the announcement dated 17 November 2014 the Board of Schroder RealEstate Investment Trust Limited (the 'Company') is pleased to announce thesuccessful issue of further ordinary shares by way of a placing (the 'Placing')pursuant to the terms and conditions of the Placing Programme established underthe prospectus issued by the Company dated 20 March 2014 (as amended). The Directors have exercised the right, in consultation with Numis and J.P.Morgan Cazenove, to increase the number of New Shares offered pursuant to thePlacing to 47.0 million New Shares. A total of 47,000,000ordinary shares (the "New Shares") have therefore beenplaced, subject to Admission, by J.P. Morgan Cazenove ("JPMC") and NumisSecurities Limited ("Numis") at a price of 57.50p per share, raising grossproceeds of approximately £27.0 million. The New Shares represent approximately10.0% of the issued ordinary share capital of the Company prior to the Placing. The New Shares will, when issued, be credited as fully paid and will rank paripassu in all respects with the existing Ordinary Shares, (save for anydividends or other distributions declared, made or paid on the Ordinary Sharesby reference to a record date prior to the allotment of the relevant NewShares). Application has been made to the FCA for admission of the New Shares to theOfficial List. Application has also been made for the New Shares to be admittedto trading on the London Stock Exchange. It is expected that Admission willbecome effective and that unconditional dealings in the New Shares willcommence on the main market for listed securities of the London Stock Exchangeat 8.00 a.m. (London time) on 24 November 2014. Following Admission, the number of ordinary shares that the Company has inissue will be 518,513,409. The total number of voting rights of the Companywill be 518,513,409 and this figure may be used by shareholders as thedenominator for the calculations by which they will determine if they arerequired to notify their interest in, or a change to their interest in theCompany, under the Disclosure and Transparency Rules. The New Shares will be issued in registered form and may be held inuncertificated form. The New Shares allocated will be issued to Placees throughthe CREST system unless otherwise stated. The New Shares will be eligible forsettlement through CREST with effect from Admission. For further information: Schroder Property Investment Management Limited:Duncan Owen / Nick Montgomery020 7658 6000 Northern Trust:David Sauvarin01481 745529 J.P. Morgan Cazenove:William Simmonds020 7742 4000 Numis Securities:David Benda020 7260 1000 FTI Consulting:Dido Laurimore / Ellie Sweeney020 3727 1000 Capitalised terms used but not defined in this announcement will have the samemeaning as set out in the prospectus to Shareholders dated 20 March 2014 (asamended). Copies of that prospectus, together with any supplementaryprospectuses relating thereto, are available from the Company's website:www.srei.co.uk.