Notice of Extraordinary General Meeting

RNS Number : 4315U

EJF Investments Ltd

22 November 2019

 

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 UNITED KINGDOM AND THE REPUBLIC OF IRELAND), AUSTRALIA, CANADA, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

22 November 2019

EJF Investments Ltd (the "Company")

Notice of Extraordinary General Meeting

The Company has issued a circular convening an extraordinary general meeting (the "Extraordinary General Meeting") to be held at IFC1, The Esplanade, St Helier, Jersey JE1 4BP on 18  December 2019 at 5:00 pm (GMT).

The purpose of the Extraordinary General Meeting is to consider and, if thought fit, pass the following Special Resolutions:

SPECIAL RESOLUTIONS

1.    THAT the Directors of the Company shall be authorised to file an Entity Classification Election with the U.S. Internal Revenue Service to change the current classification of the Company for U.S. federal income tax purposes from a partnership to an association taxable as a corporation and, subject to receipt of any required approval from the U.S. Internal Revenue Service, such change to be effective from the date specified in the Entity Classification Election.

2.   THAT, conditional upon Resolution 1 being passed, the Articles be amended such to reflect the changes set out in Schedule 2 to the Letter from the Chair to which this Notice is attached and the version of the Articles incorporating such changes (as tabled to the meeting and initialled by the Chair for the purposes of identification) be adopted as the Articles of Association of the Company and be filed with the Jersey Registrar of Companies.

Recommendation

The Directors consider all of the Resolutions to be in the best interests of Shareholders as a whole and recommend that you vote in favour of the Resolutions, as the Directors intend to do in respect of their own beneficial holdings (if any).

A copy of the circular will be uploaded to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

A copy of the circular will also be available on the Company's website at https://www.ejfi.com/rns-announcements/shareholder-meetings/ 

Capitalised terms used but not defined in this announcement will have the same meaning as set out in the Circular to shareholders dated 22 November 2019.

ENQUIRIES

For the Investment Manager

EJF Investments Manager LLC

Peter Stage / Hammad Khan / Matt Gill

[e-mail] / [e-mail] / [e-mail]

[phone] / [phone] / [phone]

For the Company Secretary and Administrator

BNP Paribas Securities Services S.C.A. Jersey Branch

[e-mail]

[phone]/ [phone]

For the Broker

Numis Securities Limited

David Luck

[e-mail]

[phone]

About EJF Investments Ltd

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

 

 

NOGPGGPCGUPBGQP