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Pin to quick picksTempleton Emerging Markets Regulatory News (TEM)

Share Price Information for Templeton Emerging Markets (TEM)

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Templeton Emerging Markets is an Investment Trust

To provide long-term capital appreciation for private and institutional investors seeking exposure to global emerging markets, supported by both strong customer service and corporate governance.

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Transaction in Own Shares

27 Jul 2018 17:19

RNS Number : 0724W
Templeton Emerging Markets IT PLC
27 July 2018
 

Stock Exchange Announcement

Templeton Emerging Markets Investment Trust PLC ("the Company")

Transaction in Own Shares

Legal Entity Identifier 5493002NMTB70RZBXO96

 

 

The Company announces that, on 27 July 2018, it purchased into Treasury 130,126 ordinary shares of 25 pence each in the Company ("Shares") at a price of 720.80 pence per Share. Following this transaction, the Company holds 15,289,179 Shares in Treasury. The Company will only re-issue shares held in Treasury at a premium to net asset value.

 

Following this transaction, the Company's share capital consists of 262,629,774 Shares in issue and 15,289,179 Shares held in Treasury. Therefore, the total number of voting rights in the Company is 262,629,774. In order to protect the interests of existing shareholders, shares held in treasury will only be reissued at a price above the prevailing NAV per share at the time of reissue.

 

This figure (262,629,774) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with DTR 5.5.1, the 15,289,179 Shares held in Treasury as a percentage of the total voting rights in the Company is 5.82%. Shares held in Treasury are excluded from the total voting rights figure.

 

For information please contact Winterflood (Corporate Broker) Neil Langford on + 44 (0) 20 3100 0160.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
9th Feb 20248:31 amRNSNet Asset Value(s)
8th Feb 20248:50 amRNSNet Asset Value(s)
7th Feb 20244:58 pmRNSTransaction in Own Shares
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