REG - EJF Investments Ltd EJF Investments-EJFZ - Results of Annual General Meeting

EJF InvestmentsAnnouncement

24/06/2025 17:00

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RNS Number : 2354O  EJF Investments Ltd  24 June 2025

 
 
 
 
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.

 

24 June 2025

 

EJF Investments Ltd

("EJFI" or the "Company")

Results of Annual General Meeting

 

EJFI, which provides investors exposure to primarily a diversified portfolio
of debt issued by smaller U.S. banks and insurance companies, is pleased to
announce that all resolutions put to the Annual General Meeting held today, 24
June 2025, at the registered office of the Company were duly passed by the
shareholders.

 

Total proxy votes of 31,988,863 were noted at the Annual General Meeting.
Details of the proxy votes noted in respect of each resolution are set out
below:

 

 Summary Resolutions(1)                                                        For / Discretion(2)  %      Against  %     Withheld
 1. Ordinary Resolution: THAT the report of the directors and the audited      31,988,863           100    0        0     0
 annual report and financial statements of the Company for the year ended 31
 December 2024 be received and adopted.
 2. Ordinary Resolution: THAT the Directors' remuneration report for the year  31,988,863           100    0        0     0
 ended 31 December 2024 be approved.
 3. Ordinary Resolution: THAT Alan Dunphy be re-elected as a Director of the   31,923,863           99.80  65,000   0.20  0
 Company.
 4. Ordinary Resolution: THAT Nick Watkins be re-elected as a Director of the  31,923,863           99.80  65,000   0.20  0
 Company.
 5. Ordinary Resolution: THAT John Kingston be elected as a Director of the    31,988,863           100    0        0     0
 Company.
 6. Ordinary Resolution: THAT the Company's dividend policy be approved.       31,988,863           100    0        0     0
 7. Ordinary Resolution:  THAT Ernst &Young be appointed as auditors of        31,974,019           99.95  14,844   0.05  0
 the Company.
 8. Ordinary Resolution: THAT the Audit Committee be authorised to determine   31,974,019           99.95  0        0     14,844
 the remuneration of Ernst &Young.

 9. Special Resolution: THAT the Directors be generally and unconditionally    31,988,863           100    0        0     0
 authorised to make market purchases of up to 14.99% of the issued share
 capital (excluding shares held in treasury).
 10. Special Resolution: THAT the Directors be unconditionally authorised to   31,958,453           99.90  30,410   0.10  0
 allot and issue shares up to 10% of the issued share capital.

 

1.     The  full text of the resolutions may be found in the notice of
the Annual General Meeting, a copy of which is available on both the Company's
website https://www.ejfi.com/media/1892/20250624-agm-circular-vf.pdf
(https://www.ejfi.com/media/1892/20250624-agm-circular-vf.pdf) and on the
National Storage Mechanism
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

2.     Any proxy appointments which gave discretion to the Chair, or a
third party were voted for the resolution.

 

In accordance with UK Listing Rule 6.4.2., the full text of the special
resolutions passed at the Annual General Meeting has been submitted to the
National Storage Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

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

Darren Vickers / Owen Matthews

+44 203 100 2222

 

Barclays Bank PLC

Dion Di Miceli/Stuart Muress/James Atkinson

BarclaysInvestmentCompanies@barclays.com

+44 207 623 2323

 

About EJF Investments Ltd

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.

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 (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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