TIDMEJFI TIDMEJFZ

RNS Number : 1503P

EJF Investments Ltd

15 February 2021

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, JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

15 February 2021

EJF INVESTMENTS LTD

PDMR Dealing

EJF Investments Ltd ("EJFI" or the "Company") announces in accordance with its Dealing Code that Neal J. Wilson, the Chief Executive Officer of EJF Investments Manager LLC, the Company's investment manager (the "Manager"), a non-executive director of the Company, Co-Chief Executive Officer of EJF Capital LLC, the sole owner of the voting rights of the Manager ("EJF Capital"), and a "person discharging managerial responsibilities" (a "PDMR") for the purposes of Regulation (EU) No 596/2014 on Market Abuse ("MAR"), purchased 35,476 ordinary shares of no par value in the Company ("Ordinary Shares") on 12 February 2021 at a price of 126 pence per share in a private transaction.

Following the settlement of this transaction, Neal J. Wilson is interested in 1,551,857 Ordinary Shares, representing approximately 2.54% of the issued Ordinary Shares, and 1,000,000 zero dividend preference shares with a redemption date in 2025 ("2025 ZDP Shares"), representing approximately 16.67% 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 
         / person closely associated 
 (a)    Name                                      Neal J. Wilson 
       ----------------------------------------  --------------------------------------------- 
 2      Reason for the notification 
       --------------------------------------------------------------------------------------- 
 (a)    Position/status                           Chief Executive Officer of the Manager, 
                                                   a Non-Executive Director of the Company, 
                                                   and Co-Chief Executive Officer of EJF 
                                                   Capital 
       ----------------------------------------  --------------------------------------------- 
 (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                  Ordinary shares of no par value 
         instrument, type of 
         instrument 
                                                   JE00BF0D1M25 
         Identification code 
       ----------------------------------------  --------------------------------------------- 
 (b)    Nature of the transactions                Purchase of ordinary shares 
       ----------------------------------------  --------------------------------------------- 
 (c)    Price(s) and volume(s)                    Price(s)                Volume(s) 
       ----------------------------------------  ----------------------  --------------------- 
   GBP1.26                                                                35,476 
  ---------------------------------------------------------------------  --------------------- 
 (d)         Aggregate information 
 
               *    Aggregated volume               35,476 
 
                                                    GBP44,700.00 
 
               *    Price 
       ----------------------------------------  --------------------------------------------- 
 (e)    Date of transactions                      12 February 2021 
       ----------------------------------------  --------------------------------------------- 
 (f)    Place of transactions                     Off-market 
       ----------------------------------------  --------------------------------------------- 
 

ENQUIRIES

For the Investment Manager

EJF Investments Manager LLC

Peter Stage / Hammad Khan / Matt Gill

pstage@ejfcap.com / hkhan@ejfcap.com / mgill@ejfcap.com

+44 203 752 6775 / +44 203 752 6771 / +44 203 752 6774

For the Company Secretary and Administrator

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

jersey.bp2s.ejf.cosec@bnpparibas.com

+44 1534 709 181/ +44 1534 813 996

For the Broker

Numis Securities Limited

David Luck

d.luck@numis.com

+44 20 7260 1301

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.

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END

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February 15, 2021 09:44 ET (14:44 GMT)

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