Bankers Investment Trust provides NAV update and announces share buyback

The Bankers Investment Trust Plc reported an unaudited net asset value (NAV) per share of 137.1p as of 29 September 2025, calculated using the AIC formula. The NAV per share with debt marked at fair value was 140.6p. Excluding current financial year revenue items and treasury shares, the NAV per share was 136.3p, and 139.7p with debt 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 unsecured loan notes use a Euro Swap yield plus a credit spread.

The company also announced a market purchase of 255,000 ordinary shares, priced at 129.8184p per share, on 30 September 2025. These shares will be held in treasury, pursuant to authority granted at the annual general meeting on 25 February 2025.

Following this purchase, the total issued share capital remains 1,315,102,830 ordinary shares of 2.5p each, with 301,873,781 (23%) held in treasury and carrying no voting rights. Consequently, the total number of voting rights in The Bankers Investment Trust Plc is 1,013,229,049.