Notice of Extraordinary General Meeting

RNS Number : 0971O

EJF Investments Ltd

27 May 2020

 

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.

27 May 2020

EJF Investments Ltd ("EJFI" or the "Company")

Notice of Extraordinary General Meeting

Further to its announcement on 14 May 2020 regarding the Company's consideration of a potential capital raise through the issue of New ZDP Shares, the Company has today issued a circular (the "Circular") convening an extraordinary general meeting (the "Extraordinary General Meeting") to be held at IFC1, The Esplanade, St Helier, Jersey JE1 4BP on 16 June 2020 at 9:30 am (BST).

Please note that, due to the COVID-19 Measures, Shareholders are strongly urged to appoint the chair of the Extraordinary General Meeting as their proxy. The Company may not be in a position to allow attendance in person at the Extraordinary General Meeting (other than a very limited number of individuals necessary to form the quorum, which will be facilitated by the Company).

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

SPECIAL RESOLUTION

1.  THAT the Company be and is hereby authorised to create and issue the 2025 ZDP Shares on the terms set out in the Circular and the holders of Ordinary Shares hereby sanction any variation to their rights as a class occasioned by the issue of 2025 ZDP Shares.

Recommendation

The Directors consider the Resolution to be in the best interests of Shareholders as a whole and recommend that you vote in favour of the Resolution, 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 https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism

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.

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

 

 

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