Bankers Investment Trust buys back shares for treasury

The Bankers Investment Trust Plc announced a market purchase of 383,674 ordinary shares on November 28, 2025, at a price of 133.4257p per share, to be held in treasury. This action was authorized at the Annual General Meeting on February 25, 2025. Following this purchase, the company's issued share capital remains 1,315,102,830 ordinary shares of 2.5p each, with 336,619,231 shares (25.6%) held in treasury and without voting rights. The total voting rights in the company now stand at 978,483,599.

As of November 27, 2025, the unaudited net asset value (NAV) per share calculated by the AIC formula (including current financial year revenue items and excluding treasury shares) was 142.2p. The NAV per share with debt marked at fair value was 145.5p. Excluding current financial year revenue items and treasury shares, the NAV per share was 141.8p, and with debt marked at fair value, it was 145.1p. The company's shares are now ex-dividend, with the dividend deducted from the net asset value.

The fair value of the company's £ denominated unsecured loan notes is based on a discount rate using the yield of a UK Gilt plus a credit spread. The fair value of the € denominated unsecured loan notes is calculated using the yield of a Euro Swap plus a credit spread.