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.
25 July
2024
EJF Investments Ltd ("EJFI"
or the "Company")
Manager Reinvestment in EJFI
Shares
The Board of EJFI, which provides
investors exposure to a diversified portfolio of debt issued by
smaller US banks and insurance companies and participation in
certain management fee income streams of EJF Capital LLC ("EJF"),
has been notified that, following the announcement dated 19 July
2024 regarding the NAV as at 30 June 2024, EJF Capital Limited, an
affiliate of the Manager, has utilised approximately 20% of the Q2
2024 EJFI management fee to purchase 47,866 ordinary shares of the
Company. This is in line with the Manager's previously announced
decision to reinvest up to 20% of the EJFI management fee earned
for the immediately preceding quarter, for so long as the average
share price during the prior quarter traded at least 15% below the
Net Asset Value (NAV) per share at the prior quarter
end.
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.