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.
NEITHER THIS ANNOUNCEMENT NOR
ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED
UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATEOEVER IN ANY
JURISDICTION.
For persons that are resident of, or
are present in, the United Kingdom, this announcement is directed
exclusively at persons who are "qualified investors" within the
meaning of article 2(e) of Regulation (EU) 2017/1129, as it forms
part of UK law by virtue of the European Union (Withdrawal) Act
2018, who are also persons who are "investment professionals" as
defined in Article 19 of the Financial Services and Markets Act
2000 (Financial Promotion) Order 2005, and any other persons to
whom such communications may lawfully be made under such statutory
instruments (all such persons together being referred to as
"relevant persons"). This
announcement must not be acted on or relied on in the United
Kingdom, by persons who are not relevant person.
Persons distributing this
announcement must satisfy themselves that it is lawful to do so.
The Company assumes no responsibility in the event there is a
violation by any person of such restrictions.
This announcement may not be
published, distributed or transmitted by any means or media,
directly or indirectly, in whole or in part, in or into the United
States. This announcement does not constitute an offer to sell, or
a solicitation of an offer to buy, securities in the United States.
The securities mentioned herein have not been, and will not be,
registered under the US Securities Act of 1933, as amended, and
will not be offered to the public in the United States. The Company
has not been, and will not be, registered under the US Investment
Company Act of 1940, as amended.
9 May 2025
EJF
Investments Ltd
Intention
to Launch a RetailBook Offer
On 23 April 2025, the Company
announced a rollover offer (the "Rollover Offer") to convert existing
2025 zero dividend preference shares ("ZDP shares") into 2029 ZDP Shares as
well as an initial placing (the "Initial Placing") of up to 28 million
new 2029 ZDP Shares (to be reduced by the number of 2029 ZDP Shares
arising upon conversion of 2025 ZDP Shares pursuant to the Rollover
Offer) alongside a placing programme of up to a further 28 million
2029 ZDP Shares (to be reduced by the number of: (i) 2029 ZDP
Shares arising upon conversion of 2025 ZDP Shares pursuant to the
Rollover Offer, and (ii) 2029 ZDP Shares issued pursuant to the
Initial Placing). The Rollover Offer has now closed and the Initial
Placing is scheduled to close at 1pm today.
In addition to the above, the
Company wishes to note that it intends to shortly publish details
of a retail offer for 2029 ZDP Shares which is expected to be
launched via RetailBook.
ENQUIRIES
For
the Investment Manager
EJF Investments Manager
LLC
Mungo Hargreaves / Jay
Ghatalia
MHargreaves@ejfcap.com /
jghatalia@ejfcap.com
+44 20 3752 6775 / +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 Broker
Panmure Liberum Limited
Darren Vickers / Ashwin
Kohli
+44 203 100 2222
About EJF Investments
Limited
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.
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.
Panmure Liberum Limited
("Panmure Liberum"), which
is authorised and regulated in the United Kingdom by the FCA, is
acting exclusively for the Company and no one else in connection
with the Initial Placing, the Initial Placing Admission, the
Rollover Offer, Rollover Admission, any Subsequent Placing or any
Subsequent Placing Admission and the other transactions and
arrangements referred to in this announcement or the Prospectus.
Panmure Liberum will not regard any other person (whether or not a
recipient of this announcement or the Prospectus) as its client in
relation to each Admission, Placing or the Rollover Offer and will
not be responsible to anyone other than the Company for providing
the protections afforded to its clients or for providing any advice
in relation to any Admission, Placing, the Rollover Offer, the
contents of this announcement or the Prospectus or any other
transactions or arrangements referred to herein or therein. Apart
from the responsibilities and liabilities, if any, which may be
imposed on Panmure Liberum by the FSMA or the regulatory regime
established thereunder, or under the regulatory regime of any
jurisdiction where the exclusion of liability under the relevant
regulatory regime would be illegal, void or unenforceable, Panmure
Liberum does not accept any responsibility whatsoever for, and
makes no representation or warranty, express or implied, as to the
contents of this announcement or the Prospectus or for any other
statement made or purported to be made by it, or on its behalf, in
connection with the Company, the Shares, any Admission, Placing,
the Rollover Offer or Rollover Admission and nothing in this
announcement or the Prospectus will be relied upon as a promise or
representation in this respect, whether or not to the past or the
future. Panmure Liberum accordingly, to the fullest extent
permitted by law, disclaims all and any responsibility or
liability, whether arising in tort, contract or otherwise (save as
referred to above), which it might otherwise have in respect of
this announcement, the Prospectus or any such statement.
Terms not defined in this
announcement have the meaning ascribed to them in the announcement
issued by the Company on 23 April 2025
regarding the Rollover Offer and the Initial Placing.
