Director/PDMR Shareholding

EJF Investments Ltd

24 December 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.

24 December 2024

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, John Kingston III, Chairman 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"), conditionally agreed to purchase an aggregate of 193,368 ordinary shares of no par value in the Company ("Ordinary Shares") on 23 December 2024 at a price of £1.225 per share in private transactions.

Following the settlement of the transactions, John Kingston III will be interested in 163,368 Ordinary Shares, representing approximately 0.27% of the issued Ordinary Shares.

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 ("PDMR") / person closely associated ("PCA")
(a)	Name	John Kingston III
2	Reason for the notification
(a)	Position/status	Chairman
(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)
		£1.225	117,376
		£1.225	40,000
		£1.225	5,992
(d)	Aggregate information ·    Aggregated volume ·    Price	163,368 £200,125.80
(e)	Date of transaction	23 December 2024
(f)	Place of transaction	Off-market

ENQUIRIES

For the Manager

EJF Investments Manager LLC

Adeeb Ahmed / Jay Ghatalia     

[e-mail] / [e-mail]

[phone] / [phone]

For the Company Secretary and Administrator

Apex Financial Services (Alternative Funds) Limited 

[e-mail] 

[phone] 

For the Brokers

Barclays Bank PLC

Dion Di Miceli / Stuart Muress

[e-mail]

 [phone]

Panmure Liberum

Darren Vickers

[e-mail]

[phone]

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.

 

 

END