Bankers Investment Trust reports NAVs, announces share buyback

The Bankers Investment Trust PLC reported its unaudited net asset values as of 9 December 2025. The net asset value per share calculated according to the AIC formula (including current financial year revenue items and excluding treasury shares) was 142.2p, with debt marked at fair value at 145.6p. Excluding current financial year revenue items and treasury shares, the net asset value per share was 141.7p, and 145.1p with debt marked at fair value. The fair value of the company's GBP-denominated 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 announced a market purchase of 500,000 ordinary shares of 2.5p each on 10 December 2025, priced at 133.5662p per share. These shares will be held in treasury, utilizing the authority granted at the annual general meeting on 25 February 2025.

Following this buyback, the issued share capital of the company remains 1,315,102,830 ordinary shares of 2.5p each. Of these, 339,840,864 shares (25.8%) are held in treasury and carry no voting rights. Consequently, the total number of voting rights in The Bankers Investment Trust PLC, on a poll, is 975,261,966.