Bankers Investment Trust updates NAV, confirms share buyback

The Bankers Investment Trust Plc announced its Net Asset Values (NAV) as of September 24, 2025. The unaudited NAV per share, calculated according to the AIC formula including current financial year revenue items and excluding treasury shares, was 137.0p. With debt marked at fair value, this NAV rose to 140.4p. Excluding current financial year revenue items and treasury shares, the NAV per share stood at 136.2p, increasing to 139.7p when debt was marked at fair value. The fair value of the company's GBP denominated 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 confirmed a market purchase of its own shares. On September 25, 2025, it acquired 211,551 ordinary shares at a price of 129.0046p per share, to be held in treasury. This buyback was executed under the authority granted at the Annual General Meeting on February 25, 2025.

Following this transaction, the company's issued share capital remains 1,315,102,830 ordinary shares of 2.5p each. Of these, 300,438,781 shares, representing 22.8% 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 1,014,664,049.