To:                          RNS

From:                    European Assets Trust PLC

Date:                     26 September 2024

LEI:                         213800N61H8P3Z4I8726

October Quarterly Dividend

European Assets Trust PLC ("the Company") announces that a dividend of 1.475 pence per share will be paid on 31 October 2024 to shareholders on the register on 4 October 2024, having an ex-dividend date of 3 October 2024. 

In addition, the Company has paid dividends of 1.475 pence per share in January, April and July 2024.  These four interim dividends, with a cumulative total of 5.9 pence per share, provide an annual payment to shareholders representing six per cent of the closing net asset value ("NAV") per share of the Company as at 31 December 2023.

As at 25 September 2024, the latest practicable date prior to publication of this announcement, an annual dividend of 5.9 pence per share represents a yield of 6.9 per cent calculated with reference to the Company's closing share price of 85.7 pence that day.

The level of dividend paid each year is determined in accordance with the Company's distribution policy. The Company has stated that, barring unforeseen circumstances, it will pay an annual dividend equivalent to six per cent of its NAV at the end of the preceding year. The latest published NAV for the Company was 97.2 pence as at 24 September 2024.

Enquiries:

Scott McEllen

Columbia Threadneedle Investment Business Limited                    Tel:  0131 573 8300