What did Templeton Emerging Markets Investment Trust PLC announce?
Templeton Emerging Markets Investment Trust PLC (NZX: TEM) filed “Templeton Emerging Markets Investment Trust plc” with NZX on 28 June 2018, as a capital change announcement.
From the announcement:“Transaction in Own Shares Legal Entity Identifier 5493002NMTB70RZBXO96 The Company announces that, on 28 June 2018, it purchased into Treasury 153,300 ordinary shares of 25 pence each in the Company (“Shares”) at a price of 691.62 pence per Share.”
- When was it filed?
- 28 June 2018
- Where is the original?
- NZX announcement
Templeton Emerging Markets Investment Trust plc
Stock Exchange Announcement
Templeton Emerging Markets Investment Trust PLC (“the Company”)
Transaction in Own Shares
Legal Entity Identifier 5493002NMTB70RZBXO96
The Company announces that, on 28 June 2018, it purchased into Treasury 153,300
ordinary shares of 25 pence each in the Company (“Shares”) at a price of
691.62 pence per Share. Following this transaction, the Company holds 13,395,853
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 264,523,100
Shares in issue and 13,395,853 Shares held in Treasury. Therefore, the total number
of voting rights in the Company is 264,523,100. 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 (264,523,100) 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 13,395,853 Shares held in Treasury as a
percentage of the total voting rights in the Company is 5.06%. Shares held in Treasury
are excluded from the total voting rights figure.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.