Templeton Trust updates NAV, announces share buyback and cancellation

Templeton Emerging Markets Investment Trust PLC (TEMIT) reported its unaudited cum-income net asset value (NAV) as of October 29, 2025, at £2,545.434m, equating to £262.57 per share. The ex-income NAV for the same date was £2,511.173m, or £259.04 per share. These figures are calculated based on the total value of underlying assets, with cum-income NAV including accrued income and both using bid price information.

In a separate announcement, TEMIT confirmed it purchased 793,457 ordinary shares, each with a nominal value of 5 pence, for cancellation on October 30, 2025. The shares were acquired at a price of 237.48 pence per share. This transaction impacts the company's share capital, which now comprises 968,611,051 shares in issue and an additional 60,000,000 shares held in treasury.

Consequently, the total number of voting rights in the company stands at 968,611,051. Shares held in treasury will only be reissued at a price exceeding the prevailing NAV per share to protect the interests of existing shareholders. This figure is critical for shareholders to determine if they are required to notify their interest in the company under FCA's Disclosure Guidance and Transparency Rules.