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.
14 January 2025
EJF INVESTMENTS LTD
Notification of transactions by persons
discharging managerial responsibilities
EJF Investments Ltd ("EJFI" or the "Company") announces that, in accordance
with its dealing code, Nick Watkins, Non-Executive Director of the
Board of Directors of the Company and a "person discharging
managerial responsibilities" (a "PDMR") for the purposes of Regulation
(EU) No 596/2014 on Market Abuse as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018
("MAR"), acquired 10,000
ordinary shares of no par value in the Company ("Ordinary Shares") on 14 January 2025 at
a price of 128.7936 pence per share on the London Stock
Exchange.
Following the settlement of this transaction, Nick
Watkins is interested in 20,000 Ordinary Shares, representing
approximately 0.03% of the issued Ordinary Shares, and 10,000 zero
preference shares with a redemption date in 2025 ("2025 ZDP Shares"), representing
approximately 0.06% of the issued 2025 ZDP Shares.
Shares in the capital of the Company held in treasury
have not been taken into account in the calculation of the above
percentages.
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 ("PDMR") / person closely
associated ("PCA")
|
|
(a)
|
Name
|
Nick Watkins
|
|
2
|
Reason for the
notification
|
|
(a)
|
Position/status
|
Non-Executive Director
|
|
(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
JE00BF0D1M25
|
|
(b)
|
Nature of the transaction
|
Purchase of Ordinary Shares
|
|
(c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
128.7936 pence
|
10,000
|
|
|
|
|
|
|
|
(d)
|
Aggregate information
·
Aggregated volume
·
Price
|
10,000
£12,879.36
|
|
(e)
|
Date of transaction
|
14 January 2025
|
|
(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.