EJF Investments announces conditional 2029 ZDP Shares offer

Published 16/05/2025, 16:04
EJF Investments announces conditional 2029 ZDP Shares offer

LONDON - EJF Investments Limited (LON:EJFI) has announced a conditional offer for a new issue of 2029 zero dividend preference shares (ZDP Shares) through RetailBook at an issue price of 100.1566 pence per share. The offer, which commenced today, is targeted at professional, advised, and knowledgeable investors who meet the criteria for investing in the Specialist Fund Segment of the London Stock Exchange (LON:LSEG)’s Main Market.

The offer follows the company’s issuance of 2029 ZDP Shares to institutional investors on Thursday at 100 pence each. The RetailBook Offer is expected to close on Thursday, May 19, 2025, at 2 p.m., unless oversubscribed or closed earlier at the company’s discretion.

The RetailBook Offer is contingent on the successful admission of the previously issued 2029 ZDP Shares to the Specialist Fund Segment, which occurred on Thursday, May 14, 2025. The second admission for the RetailBook Offer is anticipated to occur on Thursday, May 21, 2025.

EJF Investments aims to use the net proceeds from the offer to invest in line with its objective to provide shareholders with returns through dividends and capital growth, focusing on a diversified portfolio of loans and related assets in the U.S., U.K., and Europe.

Eligible investors for the RetailBook Offer must be residents and physically located in the United Kingdom (TADAWUL:4280), and they can participate through RetailBook’s partner network of investment platforms, retail brokers, and wealth managers. Partners include Hargreaves (LON:HRGV) Lansdown and interactive investor, among others.

The company has clarified that the Specialist Fund Segment is not a listed market and does not offer the same protections as the Financial Conduct Authority’s Listing Rules, making it unsuitable for retail investors. The 2029 ZDP Shares are designed for investors who are capable of evaluating investment risks and who have sufficient resources to bear any loss which may result from such investment.

Investors are advised to consult the key information document available on the company’s website and to seek independent advice if necessary. This offer is based on a press release statement and is intended for informational purposes only.

EJF Investments Manager LLC and RetailBook Limited are available for enquiries regarding the offer. The information provided here is based on a press release statement and should be read in its entirety, especially the "Important Notices" section.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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