Bankers Investment Trust updates NAVs, announces share buyback

The Bankers Investment Trust PLC reported its unaudited net asset values as of September 4, 2025. The net asset value per share calculated according to the AIC formula (including current financial year revenue items and excluding treasury shares) was 134.2p. With debt marked at fair value, this figure was 137.6p. Excluding current financial year revenue items and treasury shares, the net asset value per share was 133.6p, rising to 137.0p with debt marked at fair value. The fair value of the company's GBP unsecured loan notes is based on a discount rate using the yield of a UK Gilt plus a credit spread, while Euro denominated notes use a Euro Swap.

The company also announced a market purchase of 750,000 of its own ordinary shares on September 5, 2025, at a price of 124.3383p per share, to be held in treasury. This action was authorized at the annual general meeting on February 25, 2025. Following this purchase, the total issued share capital remains 1,315,102,830 ordinary shares of 2.5p each, with 291,025,576 shares (22.1%) held in treasury and carrying no voting rights.

Consequently, the total number of voting rights in The Bankers Investment Trust PLC is 1,024,077,254.