Editing Talk:Sirius Real Estate Limited (section)

== Other ==
CONVERSION TO REIT ON 1 APRIL 2022 

Following entry by its UK business into the Real Estate Investment Trust (“REIT”) regime with effect from 1 April 2022, the Company must pay at least 90 per cent. of its UK tax-exempt profits to shareholders as Property Income Distributions (“PIDs”), which can be paid as cash dividends or via the Scrip dividend alternative. This dividend, relating to the six months ended 31 March 2022 preceded the conversion to REIT and will be entirely non-PID and future dividends will be PIDs. Further information relating to PIDs and SCRIP PIDs will be published on the Company's website at www.sirius-real-estate.com. 

FOR SHAREHOLDERS OUTSIDE THE UNITED KINGDOM/SOUTH AFRICA/GUERNSEY 

Legal requirements in jurisdictions outside the United Kingdom, South Africa and Guernsey can impose onerous and costly obligations on the Company. Consequently, the right to participate in the Scrip Dividend Alternative is not available to any person in the United States of America, Canada, Japan or Australia or their respective territories or possessions (subject to applicable exemptions). The right to participate is also not available to any person in any other jurisdiction outside the United Kingdom, South Africa or Guernsey where such an offer requires compliance by the Company with any governmental or regulatory procedures or any similar formalities. Your attention is drawn to paragraph 2 of the terms and conditions.