Bankers Investment Trust updates NAV, announces share buyback

The Bankers Investment Trust Plc reported its unaudited net asset values (NAV) as of 3 September 2025. The NAV per share, calculated according to AIC formula including revenue items, was 133.1p, with debt marked at fair value at 136.5p. Excluding current financial year revenue items, the NAV was 132.5p, and 135.9p with debt marked at fair value. The fair value of the company's GBP unsecured loan notes is based on a UK Gilt yield plus a credit spread, while Euro denominated notes use a Euro Swap yield plus a credit spread.

Separately, the company announced a market purchase of 500,000 ordinary shares of 2.5p each on 4 September 2025 at a price of 123.8909p per share. These shares will be held in treasury, utilizing authority granted at the Annual General Meeting on 25 February 2025.

Following this purchase, the company's issued share capital remains 1,315,102,830 ordinary shares of 2.5p each. Of these, 290,275,576 shares, representing 22.1% of the total, are held in treasury and carry no voting rights. Consequently, the total number of voting rights in The Bankers Investment Trust Plc stands at 1,024,827,254.