LONDON - EJF Investments Ltd (EJFI) reported that EJF Capital Limited, a subsidiary of EJF Capital LLC and closely associated with the company's investment manager, has acquired 37,951 ordinary shares. The transaction, conducted through secondary dealings on the London Stock Exchange (LON:LSEG) at a price of £1.106 per share, occurred on November 18, 2024, but was only reported to EJFI on December 6 due to an administrative oversight.
This purchase increases EJF Capital Limited's interest in EJFI to approximately 3.21% of the issued ordinary shares, which now totals 1,964,063 shares. It's important to note that treasury shares were not considered in this calculation.
The transaction was disclosed following the Market Abuse Regulation (MAR), which mandates the reporting of such activities by persons discharging managerial responsibilities and those closely associated with them. EJF Investments Manager LLC, the investment manager for EJFI, is classified as a person discharging managerial responsibilities.
EJF Investments Ltd is a Jersey-incorporated closed-ended investment company that aims to provide shareholders with attractive risk-adjusted returns through dividends and capital growth over time. The company primarily invests in loans issued by financial institutions and related assets in the U.S., U.K., and Europe, with a focus on CDO Equity Tranches structured by an affiliate of EJF Capital LLC.
The information regarding this transaction is based on a press release statement from EJF Investments Ltd and is for informational purposes only, not constituting an offer or solicitation to deal in the company's shares. The London Stock Exchange's news service RNS, approved by the Financial Conduct Authority in the UK, provided the details of the announcement.
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