Capital & Regional plc has declared an interim dividend of 2.75 pence per share, to be paid as a property income distribution (PID). The dividend will be subject to a 20% UK withholding tax, unless exemptions apply. The dividend will be payable on September 22, 2023, to shareholders registered on the UK principal register and the South African branch register. The Directors are offering a scrip alternative to the dividend, and shareholders can choose to receive the dividend in cash or as new ordinary shares. The exchange rate for the dividend for SA shareholders will be 24.21 ZAR to 1.00 GBP. The Scrip Calculation Price for UK shareholders is 52.49 pence, and for SA shareholders, it is 12.70783 ZAR. The number of new ordinary shares to be allocated to shareholders participating in the Scrip Dividend Scheme will be calculated based on the net value of the dividend and the Scrip Calculation Price. Shareholders who elect to receive new shares will receive a cash payment for any fractional entitlement. The cash payment will be made on September 22, 2023.