Bankers Investment Trust reports NAV, announces share buyback

The Bankers Investment Trust Plc reported its unaudited net asset value (NAV) per share as of November 11, 2025. The NAV, calculated using the AIC formula including current financial year revenue items and excluding treasury shares, was 144.8p. When debt was marked at fair value, the NAV per share stood at 148.0p. Excluding current financial year revenue items, the NAV per share was 144.5p, and with debt marked at fair value, it was 147.7p. The company noted that the dividend had been deducted as shares are now ex-dividend.

Separately, the company announced a market purchase of 840,000 ordinary shares on November 12, 2025, at a price of 135.5264p 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 purchase, the total issued share capital remains 1,315,102,830 ordinary shares of 2.5p each, with 328,857,468 (25%) held in treasury and carrying no voting rights.

The total number of voting rights in The Bankers Investment Trust Plc for poll calculations is now 986,245,362. The company's unsecured loan notes, denominated in GBP and Euro, have their fair values estimated using discount rates based on UK Gilt yields and Euro Swap yields, respectively, plus a credit spread.