EJF Investments Ltd EJF Investments-EJFZ - Results of Placing

EJF Investments

27/02/2023 07:00

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RNS Number : 0433R  EJF Investments Ltd  27 February 2023

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27 February 2023

 

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

 

Results of Placing of 2025 ZDP Shares

 

On 20 February 2023, EJF Investments Ltd announced its intention to issue
further 2025 ZDP Shares (the "New 2025 ZDP Shares") pursuant to the Company's
placing programme (the "Placing Programme").  The Board of the Company is
pleased to announce that 2,277,046 New 2025 ZDPs will be issued at a ZDP
Placing Price of 119.78 pence per share, raising gross proceeds of
approximately £2.73 million.  These New 2025 ZDP Shares will rank pari passu
with the existing 2025 ZDP Shares in issue.

 

Application has been made for the New 2025 ZDP Shares to be admitted to the
Specialist Fund Segment of the Main Market of London Stock Exchange plc
("Admission"). It is expected that Admission will become effective at 8.00
a.m. on 1 March 2023 and that dealings in the New 2025 ZDP Shares will
commence at that time.

 

Following Admission, the total number of 2025 ZDP Shares in issue will be
19,273,903.

 

Terms not defined in this announcement shall have the same meaning as the
defined terms in the Prospectus dated 4 April 2022.

 

ENQUIRIES

For the Investment Manager

EJF Investments Manager LLC

 

Peter Stage

 

pstage@ejfcap.com

 

+44 203 752 6775

 

For the Company Secretary and Administrator

BNP Paribas S.A., Jersey Branch

 

jersey.bp2s.ejf.cosec@bnpparibas.com
(mailto:jersey.bp2s.ejf.cosec@bnpparibas.com)

 

+44 1534 709 198

 

For the Broker

 

Liberum Capital Limited

Darren Vickers / Owen Matthews / Will King

+44 203 100 2222

 

About EJF Investments Limited

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 (http://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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