Templeton Trust reports NAVs, buys back shares for cancellation

Templeton Emerging Markets Investment Trust PLC (TEMIT) announced an unaudited cum-income net asset value (NAV) of £2,162.818m as at September 3, 2025, representing 221.46 pence per share. The unaudited ex-income NAV on the same date was £2,133.203m, or 218.43 pence per share. These figures were calculated in accordance with Association of Investment Companies recommendations, using the total value of underlying assets and bid price information.

Separately, the company also announced on September 4, 2025, the purchase for cancellation of 150,000 ordinary shares at a price of 200.33 pence per share. Following this transaction, TEMIT's share capital now consists of 976,426,422 shares in issue and 60,000,000 shares held in treasury. The total number of voting rights is 976,426,422.

The company stated that shares held in treasury would only be reissued at a price above the prevailing NAV per share at the time of reissue, to protect existing shareholders' interests. Shareholders may use the total voting rights figure to determine if they need to notify their interest in the company under FCA's Disclosure Guidance and Transparency Rules.