Bankers Investment Trust updates NAV, buys back shares

The Bankers Investment Trust Plc has announced its unaudited net asset values as of December 5, 2025. The NAV per share, calculated according to the AIC formula (including revenue items and excluding treasury shares), was 142.2p. With debt marked at fair value, this figure rose to 145.6p. Excluding revenue items, the NAV per share was 141.7p, or 145.1p with debt marked at fair value. The fair value of the company's GBP denominated 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.

Concurrently, The Bankers Investment Trust Plc completed a market purchase of 500,000 ordinary shares of 2.5p each on December 8, 2025, at a price of 133.62p per share, to be held in treasury. This purchase was authorized at the annual general meeting on February 25, 2025.

Following the buyback, the company's issued share capital remains 1,315,102,830 ordinary shares of 2.5p, with 339,329,285 shares (25.8%) held in treasury and carrying no voting rights. Consequently, the total number of voting rights on a poll for The Bankers Investment Trust Plc is 975,773,545.