Bankers Investment Trust buys shares, updates net asset values

The Bankers Investment Trust Plc announced on December 9, 2025, that it purchased 11,579 of its own 2.5p ordinary shares at 133.0p per share, to be held in treasury. This transaction was authorized at the Annual General Meeting on February 25, 2025. Following the purchase, the issued share capital remains 1,315,102,830 ordinary shares, with 339,340,864 (25.8%) held in treasury and without voting rights. The total number of voting rights is 975,761,966.

The company also released its unaudited net asset values as of the close of business on December 8, 2025. The net asset value per share, calculated according to the AIC formula (including current financial year revenue and excluding treasury shares), was 142.4p, with debt marked at fair value at 145.8p. Excluding current financial year revenue items and treasury shares, the net asset value per share was 141.9p, with debt marked at fair value at 145.3p.

The fair value of the company's GBP denominated unsecured loan notes is based on a discount rate using the yield of a UK Gilt plus a credit spread, while Euro denominated unsecured loan notes are valued using a discount rate based on a Euro Swap plus a credit spread.