The Bankers Investment Trust PLC will seek shareholder approval for a share repurchase program at its Annual General Meeting to be held on February 26, 2013. Under the plan, the company will repurchase up to 16,737,360 ordinary shares, representing 14.99% of its issued share capital. The maximum price (exclusive of expenses) which may be paid for an ordinary share shall not exceed 105% of the average of the middle market quotations for the shares as taken from the London Stock Exchange Daily Official List for the five business days preceding the date of purchase.

The minimum price (exclusive of expenses) which may be paid for a share shall be 25p, being the nominal value per share. The plan shall expire at the conclusion of the next Annual General Meeting of the company in 2015. As of January 17, 2014, the company has 111,656,839 in issue.