RNS Number : 0677Y
EJF Investments Ltd
26 July 2024
 

FOR IMMEDIATE RELEASE

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (OTHER THAN THE REPUBLIC OF IRELAND), AUSTRALIA, CANADA, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

 

26 July 2024

 

EJF INVESTMENTS LTD

 

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

EJF Investments Ltd ("EJFI" or the "Company") announces that, in accordance with its dealing code, EJF Capital Limited, a wholly-owned subsidiary of EJF Capital LLC and a "person closely associated" with EJF Investments Manager LLC, the Company's investment manager (the "Manager"), acquired 47,866 ordinary shares of no par value in the Company (the "Ordinary Shares") at a price of £0.96 per share through secondary dealings on the London Stock Exchange.  

 

The Manager is a "person discharging managerial responsibilities" (a "PDMR") for the purposes of Regulation (EU) No 596/2014 on Market Abuse ("MAR").

 

Following the settlement of this transaction, EJF Capital Limited is interested in 1,926,112 Ordinary Shares, representing approximately 3.15% of the issued shares in that class of shares in the capital of the Company.

 

Shares in the capital of the Company held in treasury have not been taken into account in the calculation of the above percentage.

 

The notification below, made in accordance with the requirements of MAR, provides further detail in relation to the above transaction:

 

1

Details of the person discharging managerial responsibilities / person closely associated ("PCA")

(a)

Name

EJF Capital Limited

2

Reason for the notification

(a)

Position/status

PCA being a wholly-owned subsidiary of EJF Capital LLC

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer

or auction monitor

(a)

Name

EJF Investments Ltd

(b)

LEI

549300XZYEQCLA1ZAT25

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been

conducted

(a)

Description of financial instrument, type of instrument

 

Identification code:

Ordinary Shares of no par value

 

 

JE00BF0D1M25

(b)

Nature of the transaction

Acquisition of Ordinary Shares

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.96

47,866

(d)

Aggregate information

 

·    Aggregated volume

 

·    Price

 

 

47,866

 

£45,951.36

(e)

Date of transaction

25 July 2024

(f)

Place of transaction

London Stock Exchange (XLON)

 

ENQUIRIES

For the Manager

EJF Investments Manager LLC

Adeeb Ahmed / Jay Ghatalia     

aahmed@ejfcap.com / jghatalia@ejfcap.com

+44 203 752 6774 / +44 203 752 6776

 

For the Company Secretary and Administrator

Apex Financial Services (Alternative Funds) Limited 

EJFIcosec@apexgroup.com 

+44 204 549 0721 

 

For the Brokers

Barclays Bank PLC

Dion Di Miceli / Stuart Muress

BarclaysInvestmentCompanies@barclays.com

 +44 20 7623 2323

 

Panmure Liberum

Darren Vickers

ejfinvestments@liberum.com

+44 203 100 2222

 

About EJF Investments Ltd

EJFI's objective is to provide shareholders with attractive risk adjusted returns through regular dividends and capital growth over the long term. EJFI generates exposure primarily to a diversified portfolio of loans issued by financial institutions and related or similar assets in the U.S., U.K. and Europe.

EJFI currently invests primarily in CDO Equity Tranches structured by an affiliate of EJF Capital LLC, providing levered exposure to a highly diversified portfolio of securities issued by U.S. financial institutions (banks and insurance companies), these being Risk Retention Investments.

EJFI is a registered closed-ended limited liability company incorporated in Jersey under the Companies (Jersey) Law 1991, as amended, on 20 October 2016 with registered number 122353. The Company is regulated by the Jersey Financial Services Commission (the "JFSC"). The JFSC is protected by both the Collective Investment Funds (Jersey) Law 1988 and the Financial Services (Jersey) Law 1998, as amended, against liability arising from the discharge of its functions under such laws.

The JFSC has not reviewed or approved this announcement.

 

LEI:  549300XZYEQCLA1ZAT25

 

Investor information & warnings

The latest available information on the Company can be accessed via its website at www.ejfi.com

This communication has been issued by, and is the sole responsibility of, the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer or solicitation to deal in the shares of the Company. The price and value of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.

 

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