Bankers Investment Trust updates NAV, announces share repurchase

As of November 26, 2025, The Bankers Investment Trust PLC reported an unaudited net asset value (NAV) per share of 142.3p, calculated according to the AIC formula and including current financial year revenue items. The NAV per share at fair value with debt marked at 145.6p. Excluding current financial year revenue items, the NAV per share was 141.9p, and with debt marked at fair value, it was 145.2p. The company's GBP denominated unsecured loan notes are valued based on a discount rate using UK Gilt yields plus a credit spread, while Euro denominated notes use a Euro Swap yield plus a credit spread.

The company also announced a market purchase of 550,000 ordinary shares on November 27, 2025, at a price of 132.7641p per share, which will be held in treasury. This action was authorized at the annual general meeting on February 25, 2025.

Following the share repurchase, the issued share capital remains 1,315,102,830 ordinary shares of 2.5p each. Of these, 336,235,557 shares, representing 25.6% of the total, are held in treasury and carry no voting rights. The total number of voting rights in The Bankers Investment Trust PLC is 978,867,273.