Bankers Investment Trust buys back shares, updates NAV

The Bankers Investment Trust Plc announced a market purchase of 775,000 ordinary shares on November 17, 2025, at a price of 132.4564p per share. These shares will be held in treasury.

Following this transaction, the company's issued share capital remains 1,315,102,830 ordinary shares, with 331,099,209 (25.2%) held in treasury, which carry no voting rights. Consequently, total voting rights for The Bankers Investment Trust Plc stand at 984,003,621.

As of the close of business on November 14, 2025, the unaudited net asset value (NAV) per share, calculated according to the AIC formula and including current financial year revenue items, was 143.0p. With debt marked at fair value, the NAV per share was 146.2p. Excluding current financial year revenue items, the NAV was 142.7p, and with debt marked at fair value, it was 145.9p. The dividend has been deducted from the net asset value as the shares are now ex-dividend.

The fair value of the company's GBP-denominated unsecured loan notes is estimated using a discount rate based on a UK Gilt yield plus a credit spread, while Euro-denominated unsecured loan notes use a discount rate based on a Euro Swap yield plus a credit spread. For additional information, inquiries can be directed to Alex Crooke at 020 7818 4447 or Harriet Hall at 020 7818 2919.