Bankers Investment Trust reports updated net asset values for December 11

The Bankers Investment Trust PLC has released its unaudited net asset values as of the close of business on December 11, 2025. The net asset value per share calculated according to the AIC formula, including current financial year revenue items and excluding shares held in treasury, stood at £141.6p. When considering debt marked at fair value, this figure rose to £145.0p.

Excluding current financial year revenue items and shares held in treasury, the unaudited net asset value per share was £141.2p. With debt marked at fair value, this adjusted net asset value per share reached £144.6p.

The estimated fair value of the company's GBP-denominated unsecured loan notes is determined by a discount rate based on the yield of a UK Gilt of a similar maturity plus a credit spread. Similarly, for Euro-denominated unsecured loan notes, the fair value is calculated using a discount rate based on the yield of a Euro Swap of similar maturity plus a credit spread.