Net Asset Value(s) - Replacement

RNS Number : 8098Q

Templeton Emerging Markets IT PLC

23 June 2020

 

The following amendments have been made to the Templeton Emerging Markets IT PLC announcement released on 23^rd June 2020 at 09:58 GMT under RNS No 7894Q

 

The cum-income net asset value has been updated to £2117.065m

The ex-income net asset value has been updated to £2082.106m

The unadjusted cum-income net asset value has been updated to £2112.365m

The unadjusted ex-income net asset value has been updated to £2077.406m

 

All other details remain unchanged.

 

Templeton Emerging Markets Investment Trust PLC ("TEMIT")        

         

On behalf of TEMIT, Franklin Templeton International Services S.a.r.l. reports the unaudited cum-income net asset value ("NAV") of TEMIT as at        

 22 June 2020 was  2117.065m, representing a NAV of  881.38 pence per share.  

The unaudited ex-income NAV of TEMIT as at  22 June 2020 was  2082.106m, representing a NAV of  866.82 pence per share.

         

In accordance with the Association of Investment Companies recommendations, the cum-income NAV has been calculated based on the total value of underlying assets,        

including accumulated or accrued income, and using bid price information relating to the underlying assets.        

The ex-income NAV has been calculated based on the total value of underlying assets, excluding these income elements, and using bid price information relating to the underlying assets.        

         

The NAV of TEMIT is calculated daily at US close of markets using the latest available closing bid prices in each market of investment. However, where appropriate,        

these prices are adjusted to a fair value basis having regard to a range of market triggers and proxies.        

         

For information purposes only, if fair value at yesterday's US close had not been applied,        

The unadjusted cum-income NAV would have been,  2112.365m, representing a NAV of  879.42 pence per share.    

and the unadjusted ex-income NAV would have been,  2077.406m, representing a NAV of  864.87 pence per share.    

Portfolio data for TEMIT can be found on the website www.TEMIT.co.uk.        

         

If debt were valued at its book value, the cum-income NAV would decrease by 0.85p      

         

For information please contact Client Dealer Services on freephone 0800 305 306.        

 

END

 

 

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