Suspension of zero discount policy

Summary by AI BETAClose X

Franklin Global Trust plc will suspend its zero discount policy after market close on February 13, 2026, in preparation for the upcoming Calculation Date related to a proposed Scheme. This policy's objective was to ensure the Company's share price remained aligned with its net asset value per share under normal market conditions. The suspension is in light of the previously announced recommended winding-up of the Company and merger with Invesco Global Equity Income Trust plc.

Disclaimer*

Franklin Global Trust PLC
12 February 2026
 

12 February 2026

 

Franklin Global Trust plc

 

Legal Entity Identifier: 549300RKB85NFVSTBM94

 

Suspension of Zero Discount Policy

 

 

Franklin Global Trust plc (the "Company") currently operates a zero discount policy which has the objective of providing Shareholders, in normal market conditions, with assurance that the Company's share price is in continuing alignment with the prevailing net asset value per share.

 

In light of the upcoming Calculation Date for the proposed Scheme, as described in the Circular and announcement published on 21 January 2026, the zero discount policy will be suspended after market close on 13 February 2026.

 

Note: Defined terms used in this announcement shall, unless the context requires otherwise, have the meanings ascribed to them in the Circular published by the Company on 21 January 2026 in connection with the proposals for the recommended winding-up of the Company and merger with Invesco Global Equity Income Trust plc.

Enquiries:

 

Franklin Global Trust plc

Christopher Metcalfe, Chair

 

c/o J.P. Morgan Cazenove

J.P. Morgan Cazenove (Sole Financial Adviser)

William Simmonds

Rupert Budge

+44 (0) 20 3493 8000

 

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Franklin Global Trust plc (FRGT)
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