Bankers Investment Trust updates NAVs, buys back 1m shares

As of November 7, 2025, The Bankers Investment Trust PLC reported its unaudited net asset value per share (AIC formula, ex-treasury shares) at 142.0p, with the debt-marked fair value at 145.2p. Excluding revenue items and treasury shares, the net asset value per share was 141.7p, and the debt-marked fair value was 144.9p. These figures reflect the deduction of the ex-dividend amount. The fair value of the company's unsecured loan notes, both GBP and Euro denominated, is determined using specific discount rates tied to UK Gilt yields or Euro Swap yields, respectively, plus a credit spread.

The company executed a market purchase of 1,000,000 ordinary shares of 2.5p each on November 10, 2025, at a price of 131.2791p per share, to be held in treasury. This purchase was authorized at the annual general meeting on February 25, 2025.

Following this transaction, the issued share capital of The Bankers Investment Trust PLC remains 1,315,102,830 ordinary shares of 2.5p each. Of these, 327,474,260 shares, representing 24.9% of the total, are held in treasury and carry no voting rights. Consequently, the total number of voting rights on a poll for the company is 987,628,570.