Templeton Trust updates NAV and cancels shares

Templeton Emerging Markets Investment Trust PLC announced an unaudited cum-income net asset value (NAV) of £2402.878m as at October 9, 2025, equating to 247.67 pence per share. The ex-income NAV for the same date was £2369.298m, or 244.21 pence per share. These figures are calculated in accordance with Association of Investment Companies recommendations, using bid price information for underlying assets and including or excluding income elements respectively.

In a related development, the company purchased 150,000 ordinary shares for cancellation on October 10, 2025, at a price of 224.33 pence per share. Following this transaction, TEMIT's share capital consists of 970,004,748 shares in issue and 60,000,000 shares held in treasury, making the total voting rights 970,004,748.

Shares held in treasury will only be reissued at a price exceeding the prevailing NAV per share to protect existing shareholders' interests. Shareholders can use the updated total voting rights figure for Disclosure Guidance and Transparency Rules notifications.