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LONDON - EJF Investments Ltd has published a prospectus detailing its offer to convert existing 2025 Zero Dividend Preference (ZDP) Shares into new 2029 Rollover ZDP Shares. The financial services company, regulated by the Jersey Financial Services Commission (JFSC), made the announcement today, following approval by the UK’s Financial Conduct Authority (FCA) and the JFSC.
The prospectus outlines an initial placing of up to 28 million new 2029 ZDP Shares, with adjustments based on the number of shares converted through the Rollover Offer. Additionally, there is a placing program for up to another 28 million 2029 ZDP Shares, also subject to adjustments.
EJF Investments Ltd focuses on generating shareholder returns through dividends and capital growth over the long term, primarily investing in debt instruments issued by financial institutions in the U.S., U.K., and Europe. The company’s current investments are primarily in CDO Equity Tranches structured by an affiliate of EJF Capital LLC, which provides levered exposure to a diversified portfolio of securities issued by U.S. financial institutions.
The prospectus will be available on the company’s website and the National Storage Mechanism for inspection, in compliance with applicable securities laws. EJF Investments Ltd advises potential investors to consider the investment as part of a balanced portfolio and seek professional advice before making any investment decisions.
The broker for the transaction, Panmure Liberum Limited, is authorized and regulated by the FCA and is acting exclusively for EJF Investments Ltd in connection with the share offering.
This news is based on a press release statement and does not constitute an offer or solicitation to deal in the shares of EJF Investments Ltd. Investors are reminded that the value of shares can fluctuate, and past performance is not indicative of future results.
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