Bankers Investment Trust buys back shares, updates net asset values

The Bankers Investment Trust Plc announced a market purchase of 750,000 ordinary shares of 2.5p on September 10, 2025, at a price of 125.3362p per share, to be held in treasury. Following this, the company's issued share capital is 1,315,102,830 ordinary shares of 2.5p each, with 293,275,576 (22.3%) held in treasury and lacking voting rights. The total voting rights in the company are 1,021,827,254.

As of September 9, 2025, the unaudited net asset value per share (including current financial year revenue items and excluding treasury shares) was 134.3p, while the net asset value per share with debt marked at fair value was 137.7p. Excluding current financial year revenue items and treasury shares, the net asset value per share was 133.6p, with the net asset value per share with debt marked at fair value at 137.0p.

The fair value of the company's £ and Euro denominated unsecured loan notes is calculated using discount rates based on the yield of a similar maturity UK Gilt or Euro Swap, respectively, plus a credit spread.