Filing Details
- Accession Number:
- 0000038777-18-000066
- Form Type:
- 13G Filing
- Publication Date:
- 2018-02-06 13:17:31
- Filed By:
- Franklin Resources Inc
- Company:
- Pds Biotechnology Corp (NASDAQ:PDSB)
- Filing Date:
- 2018-02-06
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Franklin Resources, Inc | 3,173,395 | 0 | 3,173,395 | 0 | 3,190,222 | 10.3% |
Charles B. Johnson | 3,190,222 | 10.3% | ||||
Rupert H. Johnson, Jr | 3,190,222 | 10.3% | ||||
Franklin Advisers, Inc | 3,173,395 | 10.3% |
CUSIP NO. 279870109 13G Page 1 of 15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Edge Therapeutics, Inc.
(Name of Issuer)
Common Stock, par value $0.00033 per share
(Title of Class of Securities)
279870109
(CUSIP Number)
December 31, 2017
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[X] Rule 13d‑1(b)
[ ] Rule 13d‑1(c)
[ ] Rule 13d‑1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial
filing on this form with respect to the subject class of securities, and for any
subsequent amendment containing information which would alter the disclosures provided in
a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be
"filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).
CUSIP NO. 279870109 13G Page 2 of 15
1. NAMES OF REPORTING PERSONS.
Franklin Resources, Inc.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b) X
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
(See Item 4)
6. SHARED VOTING POWER
(See Item 4)
7. SOLE DISPOSITIVE POWER
(See Item 4)
8. SHARED DISPOSITIVE POWER
(See Item 4)
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,190,222
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.3%
12. TYPE OF REPORTING PERSON
HC, CO (See Item 4)
CUSIP NO. 279870109 13G Page 3 of 15
1. NAMES OF REPORTING PERSONS.
Charles B. Johnson
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b) X
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
(See Item 4)
6. SHARED VOTING POWER
(See Item 4)
7. SOLE DISPOSITIVE POWER
(See Item 4)
8. SHARED DISPOSITIVE POWER
(See Item 4)
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,190,222
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.3%
12. TYPE OF REPORTING PERSON
HC, IN (See Item 4)
CUSIP NO. 279870109 13G Page 4 of 15
1. NAMES OF REPORTING PERSONS.
Rupert H. Johnson, Jr.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b) X
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
(See Item 4)
6. SHARED VOTING POWER
(See Item 4)
7. SOLE DISPOSITIVE POWER
(See Item 4)
8. SHARED DISPOSITIVE POWER
(See Item 4)
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,190,222
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.3%
12. TYPE OF REPORTING PERSON
HC, IN (See Item 4)
CUSIP NO. 279870109 13G Page 5 of 15
1. NAMES OF REPORTING PERSONS.
Franklin Advisers, Inc.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b) X
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
California
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
3,173,395
6. SHARED VOTING POWER
0
7. SOLE DISPOSITIVE POWER
3,173,395
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,173,395
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.3%
12. TYPE OF REPORTING PERSON
IA, CO (See Item 4)
CUSIP NO. 279870109 13G Page 6 of 15
Item 1.
(a) Name of Issuer
Edge Therapeutics, Inc.
(b) Address of Issuer's Principal Executive Offices
300 Connell Drive, Suite 4000
Berkeley Heights, NJ 07922
Item 2.
(a) Name of Person Filing
(i): Franklin Resources, Inc.
(ii): Charles B. Johnson
(iii): Rupert H. Johnson, Jr.
(iv): Franklin Advisers, Inc.
(b) Address of Principal Business Office or, if none, Residence
(i), (ii), and (iii):
One Franklin Parkway
San Mateo, CA 94403‑1906
(iv): One Franklin Parkway
San Mateo, CA 94403‑1906
(c) Citizenship
(i): Delaware
(ii) and (iii): USA
(iv): California
(d) Title of Class of Securities
Common Stock, par value $0.00033 per share
(e) CUSIP Number
279870109
CUSIP NO. 279870109 13G Page 7 of 15
Item 3. If this statement is filed pursuant to §§240.13d‑1(b) or 240.13d‑2(b) or (c),
check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.78c).
(d) [ ] Investment company registered under section 8 of the Investment Company
Act of 1940 (15 U.S.C 80a‑8).
(e) [X] An investment adviser in accordance with §240.13d‑1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
§240.13d‑1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in accordance with
§240.13d‑1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940 (15
U.S.C. 80a‑3);
(j) [ ] A non‑U.S. institution in accordance with §240.13d‑1(b)(ii)(J);
(k) [ ] Group, in accordance with §240.13d 1(b)(1)(ii)(K).
If filing as a non‑U.S. institution in accordance with §240.13d‑1(b)(1)(ii) (J).
please specify the type of institution:
Item 4. Ownership
The securities reported herein are beneficially owned by one or more open‑ or
closed‑end investment companies or other managed accounts that are investment
management clients of investment managers that are direct and indirect subsidiaries
(each, an “Investment Management Subsidiary” and, collectively, the “Investment
Management Subsidiaries”) of Franklin Resources Inc. (“FRI”), including the Investment
Management Subsidiaries listed in this Item 4. When an investment management contract
(including a sub‑advisory agreement) delegates to an Investment Management Subsidiary
investment discretion or voting power over the securities held in the investment
advisory accounts that are subject to that agreement, FRI treats the Investment
Management Subsidiary as having sole investment discretion or voting authority, as the
case may be, unless the agreement specifies otherwise. Accordingly, each Investment
Management Subsidiary reports on Schedule 13G that it has sole investment discretion
and voting authority over the securities covered by any such investment management
agreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule
13d‑3 under the Act, the Investment Management Subsidiaries listed in this Item 4 may
be deemed to be the beneficial owners of the securities reported in this Schedule 13G.
Beneficial ownership by Investment Management Subsidiaries and other FRI affiliates is
being reported in conformity with the guidelines articulated by the SEC staff in
Release No. 34‑39538 (January 12, 1998) relating to organizations, such as FRI, where
related entities exercise voting and investment powers over the securities being
reported independently from each other. The voting and investment powers held by
Franklin Mutual Advisers, LLC (“FMA”) and Franklin Advisory Services, LLC (“FAS”), each an
indirect wholly‑owned Investment Management Subsidiary, are exercised independently from
FRI and from all other Investment Management Subsidiaries (FRI, its affiliates and the
Investment Management Subsidiaries other than FMA and FAS are collectively, “FRI
affiliates”). Furthermore, internal policies and procedures of FMA, FAS and FRI establish
informational barriers that prevent the flow between FMA and FAS, on the one hand, and the
FRI affiliates, on the other hand, of information that relates to the voting and investment
powers over the securities owned by their respective management clients. Consequently, FMA
and FAS report the securities over which they hold investment and voting power separately
from the FRI affiliates for purposes of Section 13 of the Act.
CUSIP NO. 279870109 13G Page 8 of 15
Charles B. Johnson and Rupert H. Johnson, Jr. (the “Principal Shareholders”) each own
in excess of 10% of the outstanding common stock of FRI and are the principal
stockholders of FRI. FRI and the Principal Shareholders may be deemed to be, for
purposes of Rule 13d‑3 under the Act, the beneficial owners of securities held by
persons and entities for whom or for which FRI subsidiaries provide investment
management services. The number of shares that may be deemed to be beneficially owned
and the percentage of the class of which such shares are a part are reported in Items
9 and 11 of the cover pages for FRI and each of the Principal Shareholders. FRI, the
Principal Shareholders and each of the Investment Management Subsidiaries disclaim any
pecuniary interest in any of the such securities. In addition, the filing of this
Schedule 13G on behalf of the Principal Shareholders, FRI and the FRI affiliates, as
applicable, should not be construed as an admission that any of them is, and each of
them disclaims that it is, the beneficial owner, as defined in Rule 13d‑3, of any of
the securities reported in this Schedule 13G.
FRI, the Principal Shareholders, and each of the Investment Management Subsidiaries
believe that they are not a “group” within the meaning of Rule 13d‑5 under the Act and
that they are not otherwise required to attribute to each other the beneficial
ownership of the securities held by any of them or by any persons or entities for whom
or for which the Investment Management Subsidiaries provide investment management
services.
(a) Amount beneficially owned:
3,190,222
(b) Percent of class:
10.3%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
Franklin Resources, Inc.: 0
Charles B. Johnson: 0
Rupert H. Johnson, Jr.: 0
Franklin Advisers, Inc.: 3,173,395
Fiduciary Trust Company International: 16,827
(ii) Shared power to vote or to direct the vote
0
CUSIP NO. 279870109 13G Page 9 of 15
(iii) Sole power to dispose or to direct the disposition of
Franklin Resources, Inc.: 0
Charles B. Johnson: 0
Rupert H. Johnson, Jr.: 0
Franklin Advisers, Inc.: 3,173,395
Fiduciary Trust Company International: 16,827
(iv) Shared power to dispose or to direct the disposition of
0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person
The clients of the Investment Management Subsidiaries, including investment
companies registered under the Investment Company Act of 1940 and other
managed accounts, have the right to receive or power to direct the receipt of
dividends from, and the proceeds from the sale of, the securities reported
herein.
Franklin Biotechnology Discovery Fund, a sub-fund of Franklin Templeton Investment
Funds, a Luxembourg registered SICAV, has an interest in 1,588,669 shares, or
5.1%, of the class of securities reported herein.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
See Attached Exhibit C
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
CUSIP NO. 279870109 13G Page 10 of 15
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any transaction
having that purpose or effect.
This report shall not be construed as an admission by the persons filing the report
that they are the beneficial owner of any securities covered by this report.
Exhibits.
Exhibit A Joint Filing Agreement
Exhibit B Limited Powers of Attorney for Section 13 Reporting Obligations
Exhibit C Item 7 Identification and Classification of Subsidiaries
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that
the information set forth in this statement is true, complete and correct.
Dated: January 29, 2018
Franklin Resources, Inc.
Charles B. Johnson
Rupert H. Johnson, Jr.
Franklin Templeton Investment Funds on behalf of
Franklin Biotechnology Discovery Fund
By: /s/LORI A. WEBER
‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑
Lori A. Weber
Assistant Secretary of Franklin Resources, Inc.
Attorney‑in‑Fact for Charles B. Johnson pursuant to Power of Attorney attached
to this Schedule 13G
Attorney‑in‑Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney
attached to this Schedule 13G
Attorney-in-Fact for Franklin Templeton Investment Funds pursuant to
Power of Attorney attached to this Schedule 13G
Franklin Advisers, Inc.
By: /s/ALISON E. BAUR
‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑
Alison E. Baur
Assistant Secretary of Franklin Advisers, Inc.
CUSIP NO. 279870109 13G Page 11 of 15
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d‑1(k) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby agree to the joint filing with each other of the
attached statement on Schedule 13G and to all amendments to such statement and that
such statement and all amendments to such statement are made on behalf of each of
them.
IN WITNESS WHEREOF, the undersigned have executed this agreement on January 29, 2018.
Franklin Resources, Inc.
Charles B. Johnson
Rupert H. Johnson, Jr.
Franklin Templeton Investment Funds on behalf of
Franklin Biotechnology Discovery Fund
By: /s/LORI A. WEBER
‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑
Lori A. Weber
Assistant Secretary of Franklin Resources, Inc.
Attorney‑in‑Fact for Charles B. Johnson pursuant to Power of Attorney attached
to this Schedule 13G
Attorney‑in‑Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney
attached to this Schedule 13G
Attorney-in-Fact for Franklin Templeton Investment Funds pursuant to
Power of Attorney attached to this Schedule 13G
Franklin Advisers, Inc.
By: /s/ALISON E. BAUR
‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑
Alison E. Baur
Assistant Secretary of Franklin Advisers, Inc.
CUSIP NO. 279870109 13G Page 12 of 15
EXHIBIT B
LIMITED POWER OF ATTORNEY
FOR
SECTION 13 AND 16 REPORTING OBLIGATIONS
Know all by these presents, that the undersigned hereby makes, constitutes and appoints each
of Alison E. Baur, Maria Gray, Steven J. Gray, Kimberly H. Novotny, Karen L. Skidmore, Navid
J. Tofigh and Lori A. Weber each acting individually, as the undersigned’s true and lawful
attorney‑in‑fact, with full power and authority as hereinafter described on behalf of and in
the name, place and stead of the undersigned to:
(1) prepare, execute, acknowledge, deliver and file Forms ID, Schedules 13D and 13G, and
Forms 3, 4 and 5 (including any amendments thereto and any related documentation) with the
United States Securities and Exchange Commission and any national securities exchanges
relating to Franklin Resources, Inc. (“FRI”) and/or any registered closed‑end company to which
an affiliate of FRI is an investment adviser (each, a “Reporting Entity”), as considered
necessary or advisable under Regulation S‑T and Sections 13(d) and 16(a) of the Securities
Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from
time to time (the “Exchange Act”); and
(2) seek or obtain, as the undersigned’s representative and on the undersigned’s behalf,
information on transactions in the securities of any Reporting Entity from any person,
including brokers, employee benefit plan administrators and trustees, and the undersigned
hereby authorizes any such person to release any such information to the undersigned and
approves and ratifies any such release of information; and
(3) perform any and all other acts which in the discretion of such attorney‑in‑fact are
necessary or desirable for and on behalf of the undersigned in connection with the foregoing.
The undersigned acknowledges that:
(1) this Limited Power of Attorney authorizes, but does not require, each such
attorney‑in‑fact to act in their discretion on information provided to such attorney‑in‑fact
without independent verification of such information;
(2) any documents prepared and/or executed by any such attorney‑in‑fact on behalf of the
undersigned pursuant to this Limited Power of Attorney will be in such form and will contain
such information and disclosure as such attorney‑in‑fact, in his or her discretion, deems
necessary or desirable;
(3) none of FRI, any Reporting Entity nor any of such attorneys‑in‑fact assumes (i) any
liability for the undersigned’s responsibility to comply with the requirements of the Exchange
Act, (ii) any liability of the undersigned for any failure to comply with such requirements,
or (iii) any obligation or liability of the undersigned for profit disgorgement under Section
16(b) of the Exchange Act; and
(4) this Limited Power of Attorney does not relieve the undersigned from responsibility for
compliance with the undersigned’s obligations under the Exchange Act, including without
limitation, the reporting requirements under Section 16 of the Exchange Act.
The undersigned hereby gives and grants each of the foregoing attorneys‑in‑fact full power
and authority to do and perform all and every act and thing whatsoever requisite, necessary or
appropriate to be done in and about the foregoing matters as fully to all intents and purposes
as the undersigned might or could do if present, hereby ratifying all that each such
attorney‑in‑fact of, for and on behalf of the undersigned, shall lawfully do or cause to be
done by virtue of this Limited Power of Attorney.
This Limited Power of Attorney shall remain in full force and effect until revoked by the
undersigned in a signed writing delivered to each such attorney‑in‑fact.
IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be executed
as of this 27th day of February , 2017.
/s/Charles B. Johnson
Signature
Charles B. Johnson
Print Name
CUSIP NO. 279870109 13G Page 13 of 15
LIMITED POWER OF ATTORNEY
FOR
SECTION 13 AND 16 REPORTING OBLIGATIONS
Know all by these presents, that the undersigned hereby makes, constitutes and appoints each
of Alison E. Baur, Maria Gray, Steven J. Gray, Kimberly H. Novotny, Karen L. Skidmore, Navid
J. Tofigh and Lori A. Weber each acting individually, as the undersigned’s true and lawful
attorney‑in‑fact, with full power and authority as hereinafter described on behalf of and in
the name, place and stead of the undersigned to:
(1) prepare, execute, acknowledge, deliver and file Forms ID, Schedules 13D and 13G, and
Forms 3, 4 and 5 (including any amendments thereto and any related documentation) with the
United States Securities and Exchange Commission and any national securities exchanges
relating to Franklin Resources, Inc. (“FRI”) and/or any registered closed‑end company to which
an affiliate of FRI is an investment adviser (each, a “Reporting Entity”), as considered
necessary or advisable under Regulation S‑T and Sections 13(d) and 16(a) of the Securities
Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from
time to time (the “Exchange Act”); and
(2) seek or obtain, as the undersigned’s representative and on the undersigned’s behalf,
information on transactions in the securities of any Reporting Entity from any person,
including brokers, employee benefit plan administrators and trustees, and the undersigned
hereby authorizes any such person to release any such information to the undersigned and
approves and ratifies any such release of information; and
(3) perform any and all other acts which in the discretion of such attorney‑in‑fact are
necessary or desirable for and on behalf of the undersigned in connection with the foregoing.
The undersigned acknowledges that:
(1) this Limited Power of Attorney authorizes, but does not require, each such
attorney‑in‑fact to act in their discretion on information provided to such attorney‑in‑fact
without independent verification of such information;
(2) any documents prepared and/or executed by any such attorney‑in‑fact on behalf of the
undersigned pursuant to this Limited Power of Attorney will be in such form and will contain
such information and disclosure as such attorney‑in‑fact, in his or her discretion, deems
necessary or desirable;
(3) none of FRI, any Reporting Entity nor any of such attorneys‑in‑fact assumes (i) any
liability for the undersigned’s responsibility to comply with the requirements of the Exchange
Act, (ii) any liability of the undersigned for any failure to comply with such requirements,
or (iii) any obligation or liability of the undersigned for profit disgorgement under Section
16(b) of the Exchange Act; and
(4) this Limited Power of Attorney does not relieve the undersigned from responsibility for
compliance with the undersigned’s obligations under the Exchange Act, including without
limitation, the reporting requirements under Section 16 of the Exchange Act.
The undersigned hereby gives and grants each of the foregoing attorneys‑in‑fact full power
and authority to do and perform all and every act and thing whatsoever requisite, necessary or
appropriate to be done in and about the foregoing matters as fully to all intents and purposes
as the undersigned might or could do if present, hereby ratifying all that each such
attorney‑in‑fact of, for and on behalf of the undersigned, shall lawfully do or cause to be
done by virtue of this Limited Power of Attorney.
This Limited Power of Attorney shall remain in full force and effect until revoked by the
undersigned in a signed writing delivered to each such attorney‑in‑fact.
IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be executed
as of this 27th day of February , 2017.
/s/Rupert H. Johnson, Jr.
Signature
Rupert H. Johnson, Jr.
Print Name
CUSIP NO. 279870109 13G Page 14 of 15
LIMITED POWER OF ATTORNEY
FOR
SECTION 13 REPORTING OBLIGATIONS
Know all by these presents, that we Franklin Templeton Investment Funds (the
“Issuer”). an entity organized and existing in the Grand Duchy of Luxembourg and
having our registered office at 8A rue Albert Borschette, L-1246 Luxembourg, in the person
of Gregory Johnson and Vijay Advani, Directors of the Issuer, hereby makes, constitutes
and appoints each of Lori Weber and Kimberly Novotny, each acting individually as the
undersigned’s true and lawful attorney-in-fact, with full power and authority as
hereinafter described on behalf of and in the name, place and stead of the undersigned to:
(1) prepare, execute, acknowledge, deliver and file Schedules 13D and 13G (including
any amendments thereto or any related documentation) with the United States Securities
and Exchange Commission, any national securities exchanges and Franklin Resources, Inc.,
a Delaware corporation (the “Reporting Entity”), as considered necessary or advisable
under Section 13 of the Securities Exchange Act of 1934 and the rules and regulations
promulgated thereunder, as amended from time to time (the “Exchange Act”); and
(2) perform any and all other acts which in the discretion of such attorney‑in‑fact
are necessary or desirable for and on behalf of the undersigned in connection with the
foregoing.
The undersigned acknowledges that:
(1) this Limited Power of Attorney authorizes, but does not require, each such
attorney‑in‑fact to act in their discretion on information provided to such
attorney‑in‑fact without independent verification of such information;
(2) any documents prepared and/or executed by either such attorney‑in‑fact on behalf of
the undersigned pursuant to this Limited Power of Attorney will be in such form and will
contain such information and disclosure as such attorney‑in‑fact, in his or her
discretion, deems necessary or desirable;
(3) neither the Reporting Entity nor either of such attorneys‑in‑fact assumes (i) any
liability for the undersigned’s responsibility to comply with the requirements of the
Exchange Act or (ii) any liability of the undersigned for any failure to comply with such
requirements; and
(4) this Limited Power of Attorney does not relieve the undersigned from responsibility
for compliance with the undersigned’s obligations under the Exchange Act, including
without limitation the reporting requirements under Section 13 of the Exchange Act.
The undersigned hereby gives and grants each of the foregoing attorneys-in-fact full
power and authority to do and perform all and every act and thing whatsoever requisite,
necessary or appropriate to be done in and about the foregoing matters as fully to all
intents and purposes as the undersigned might or could do if present, hereby ratifying
all that each such attorney‑in‑fact of, for and on behalf of the undersigned, shall
lawfully do or cause to be done by virtue of this Limited Power of Attorney.
This Limited Power of Attorney shall remain in full force and effect until revoked by
the undersigned in a signed writing delivered to each such attorney‑in‑fact.
IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be
executed as of this 13th day of October , 2015.
For and on behalf of
Franklin Templeton Investment Funds
/s/Gregory Johnson
Director
/s/Vijay Advani
Director
CUSIP NO. 279870109 13G Page 15 of 15
EXHIBIT C
Franklin Advisers, Inc. Item 3 Classification: 3(e)
Fiduciary Trust Company International Item 3 Classification: 3(b)