Bankers Investment Trust reports NAVs, share repurchase program details

The Bankers Investment Trust Plc reported its unaudited net asset values (NAVs) as of close of business on October 9, 2025. The NAV per share, calculated according to the AIC formula including current financial year revenue items and excluding treasury shares, was 140.1p, with the NAV per share with debt marked at fair value at 143.5p. Excluding current financial year revenue items and treasury shares, the NAV per share was 139.2p, and with debt marked at fair value, it was 142.6p.

The company also confirmed a market purchase of 500,000 ordinary shares on October 10, 2025, at a price of 130.01p per share, to be held in treasury. This repurchase was authorized at the Annual General Meeting on February 25, 2025. Following this transaction, the issued share capital remains 1,315,102,830 ordinary shares of 2.5p each, with 315,008,237 shares (24%) held in treasury and lacking voting rights.

The total number of voting rights in The Bankers Investment Trust Plc is now 1,000,094,593. The estimated fair value of the company's GBP denominated unsecured loan notes is based on a discount rate using the yield of a UK Gilt plus a credit spread, while Euro denominated unsecured loan notes use a Euro Swap of similar maturity plus a credit spread.