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.