EJF Investments Ltd Result of Meeting (0754Q)

TIDMEJFI TIDMEJFZ

RNS Number : 0754Q

EJF Investments Ltd

14 February 2019

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (OTHER THAN THE UNITED KINGDOM), AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICITION WHERE IT IS UNLAWFUL TO DO SO

14 February 2019

EJF Investments Ltd

Results of Extraordinary General Meeting

EJF Investments Ltd (the "Company") announces that at the Extraordinary General Meeting held at 14:30 p.m. (GMT) today, the resolutions set out in the Notice of Extraordinary General Meeting appended to the Circular sent to Shareholders on 21 January 2019 were duly passed via a poll (which incorporated proxy votes lodged in advance of the meeting) and the results of which are as follows:

 
 Resolution                                FOR         %     AGAINST    %     WITHHELD   % 
 Resolution 1 by special resolution: 
  To authorise the Company to 
  purchase up to 9,619,878 Ordinary 
  Shares and to either cancel 
  or hold in treasury any Ordinary 
  Shares so purchased                   37,675,237    100       -       -        -       - 
                                       -----------  ------  --------  -----  --------- 
 Resolution 2 by special resolution: 
  A general disapplication authority 
  of pre-emption rights in respect 
  of up to 6,955,719 Ordinary 
  Shares, representing approximately 
  10 per cent. of the Ordinary 
  Shares in issue as at the 
  Latest Practicable Date               37,675,237    100       -       -        -       - 
                                       -----------  ------  --------  -----  --------- 
 Resolution 3 by special resolution: 
  Conditional upon Resolution 
  2 being passed, an additional 
  disapplication authority of 
  pre-emption rights in respect 
  of up to 6,955,719 Ordinary 
  Shares, representing approximately 
  a further 10 per cent. of 
  the Ordinary Shares in issue 
  as at the Latest Practicable 
  Date                                  36,775,237   97.61   900,000   2.39      -       - 
                                       -----------  ------  --------  -----  --------- 
 

Notes:

1. Votes "For" and "Against" are expressed as a percentage of votes received.

2. A "Vote withheld" is not a vote in law and is not counted in the calculation of the % of shares voted "For" or "Against" a resolution.

The full text and details of the resolutions passed, together with the explanatory notes, are set out in the Notice of Extraordinary General Meeting appended to the Circular, which is available at www.ejfi.com.

These results will also be made available on the Company's website and a copy of the resolutions passed as special business will be submitted as soon as practicable to the National Storage Mechanism and will be available shortly for inspection at http://www.morningstar.co.uk/uk/NSM.

Terms used but not defined in this announcement shall have the meanings given to such terms in the Circular.

ENQUIRIES

For the Investment Manager

EJF Investments Manager LLC

Peter Stage / Hammad Khan / Matt Gill

[e-mail] / [e-mail] / [e-mail]

[phone] / [phone] / [phone]

For the Company Secretary and Administrator

Crestbridge Fund Administrators Limited

[e-mail]

[phone]

For the Broker

Numis Securities Limited

David Luck

[e-mail]

[phone]

About EJF Investments Ltd

The Company is a registered closed-ended limited liability company incorporated in Jersey under the Companies (Jersey) Law 1991, as amended, on 20 October 2016 with registered number 122353. The Company is regulated by the Jersey Financial Services Commission (the "JFSC"). The JFSC is protected by both the Collective Investment Funds (Jersey) Law 1988 and the Financial Services (Jersey) Law 1998, as amended, against liability arising from the discharge of its functions under such laws.

The JFSC has not reviewed or approved this announcement.

LEI: 549300XZYEQCLA1ZAT25

Investor information & warnings

The latest available information on the Company can be accessed via its website at www.ejfi.com.

This communication has been issued by, and is the sole responsibility of, the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer or solicitation to deal in the shares of the Company. The price and value of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

ROMBRGDDXBBBGCS

(END) Dow Jones Newswires

February 14, 2019 12:16 ET (17:16 GMT)