Bankers Investment Trust buys back shares, updates NAV

The Bankers Investment Trust PLC (BIT) made a market purchase of 68,001 ordinary shares at GBp 132.4324 per share on 15 December 2025, to be held in treasury. This transaction follows authority granted at the Annual General Meeting on 25 February 2025.

Post-purchase, the issued share capital remains 1,315,102,830 ordinary shares, with 340,208,865 (25.9%) held in treasury and no voting rights. The total voting rights in BIT now stand at 974,893,965.

Additionally, BIT released its unaudited net asset values as of close of business on 12 December 2025. The NAV per share, calculated using the AIC formula (including current financial year revenue items and excluding treasury shares), was GBp 141.0. With debt marked at fair value, this rose to GBp 144.4.

Excluding current financial year revenue items and treasury shares, the NAV per share was GBp 140.6, and with debt marked at fair value, it was GBp 144.0. The estimated fair value of the Company's GBP and Euro denominated unsecured loan notes is based on discount rates using respective Gilt/Swap yields plus a credit spread.