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LONDON - EJF Investments Ltd (LON:EJFI) has applied to the London Stock Exchange (LON:LSEG) for a block listing of 4.7 million new 2029 zero dividend preference shares (ZDP Shares), according to a press release issued Monday.
The new shares are expected to be admitted to trading on the specialist fund segment of the main market of the London Stock Exchange on July 23, 2025.
The company said the ZDP Shares will be issued under its existing general authority to issue shares on a non-pre-emptive basis. These shares may be issued to satisfy market demand as market conditions permit.
When issued, the new ZDP Shares will rank equally with existing ZDP shares in circulation.
EJF Investments primarily generates exposure to a diversified portfolio of loans issued by financial institutions and related assets in the U.S., U.K. and Europe. The company currently invests mainly in CDO Equity Tranches structured by an affiliate of EJF Capital LLC, providing leveraged exposure to securities issued by U.S. financial institutions.
The Jersey-incorporated company aims to provide shareholders with attractive risk-adjusted returns through regular dividends and capital growth over the long term.
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