Bankers Investment Trust reports NAVs and share buyback

The Bankers Investment Trust Plc reported its unaudited net asset values as of the close of business on October 15, 2025. The net asset value per share calculated according to the AIC formula (including current financial year revenue items and excluding treasury shares) was 138.8p. When debt was marked at fair value, this figure rose to 142.2p. Excluding current financial year revenue items and treasury shares, the NAV per share was 137.8p, and 141.3p 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 of similar maturity plus a credit spread, while Euro denominated notes use a Euro Swap of similar maturity plus a credit spread.

The company also announced a market purchase of 500,000 ordinary shares of 2.5p each on October 16, 2025, at a price of 129.1040p per share, which will be held in treasury. This buyback was conducted under the authority granted 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. Of these, 316,732,347 shares, representing 24.1%, are held in treasury and carry no voting rights. The total number of voting rights in The Bankers Investment Trust PLC is now 998,370,483.