Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

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Templeton Emerging Markets Income Fund > Hr. Suggestion

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Comment by HRc60to65on Jul 01, 2020 8:45am

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Post# 31211675

RE:Hr. Suggestion

Harel1976,

I3e 183,000,000 shares

1$US = 0.8075 GBP

The acquisition of 10,000 boepd at 60M$US = 48,450,000 GBP the number of shares to be issued at 6 pences 807,500,000 shares. Total shares outstanding 990,500,000 shares.

That means for 1,000 boepd I3e will paid 80,750,000 shares, it is what TEI shareholders shall received for 145, 128,518 shares

I3e will not come back to 10 pences

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