Bankers Investment Trust updates NAVs and announces share repurchase

The Bankers Investment Trust Plc announced its unaudited net asset values (NAV) as of 3 December 2025. The NAV per share, calculated using the AIC formula (including revenue items and excluding treasury shares), was 141.8p. When debt was marked at fair value, this rose to 145.2p. Excluding current financial year revenue items and treasury shares, the NAV per share was 141.4p, and with debt marked at fair value, it was 144.8p. The fair value of the Company's GBP unsecured loan notes is based on a UK Gilt yield plus a credit spread, while Euro denominated notes use a Euro Swap yield plus a credit spread.

The Company also disclosed a market purchase of 517,264 ordinary shares at a price of 133.5236p per share on 4 December 2025, to be held in treasury. This action was taken under the authority granted at the Annual General Meeting on 25 February 2025. Following this purchase, the total issued share capital remains 1,315,102,830 ordinary shares of 2.5p each, with 338,829,285 shares (25.8%) held in treasury and carrying no voting rights.

Consequently, the total number of voting rights in The Bankers Investment Trust Plc stands at 976,273,545.