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JERSEY - EJF Investments Limited (LSE:EJFI) announced Monday it has issued 150,000 of its 2029 zero dividend preference shares (ZDP Shares) under its block listing facility at a price of 102.8102 pence per share.
Following this issuance, the company’s total 2029 ZDP share capital now comprises 18,501,593 shares, according to a statement released by the company.
EJF Investments is a closed-ended investment company incorporated in Jersey that primarily focuses on generating exposure to a diversified portfolio of loans issued by financial institutions and related assets in the United States, United Kingdom, and Europe.
The company’s main investment strategy involves CDO Equity Tranches structured by an affiliate of EJF Capital LLC. These investments provide leveraged exposure to a diversified portfolio of securities issued by U.S. financial institutions, particularly banks and insurance companies, which the company refers to as Risk Retention Investments.
EJF Investments aims to provide shareholders with attractive risk-adjusted returns through regular dividends and capital growth over the long term, according to the company statement.
The company is regulated by the Jersey Financial Services Commission and trades on the London Stock Exchange.
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