Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2021 | 2021-08-16 | Press Releases

Ellington Financial Inc. (NYSE: EFC) (the “Company”) today announced its estimated book value per common share of $ 18.29 as at July 31, 2021. This estimate includes the effect of the previously announced monthly dividend of 0 , $ 15 per common share, payable on August 25, 2021 to holders of record on July 30, 2021, with an ex-dividend date of July 29, 2021.

Warnings

The estimated book value per common share is subject to change upon completion of the Company’s month-end and quarter-end valuation procedures relating to its investment positions, and such change could be material. There can be no assurance that the estimated book value per common share of the Company as at July 31, 2021 is indicative of what the Company’s results are likely to be for the three-month or nine-month period ending September 30, 2021 or as of September 30, 2021. to come up. periods, and the Company assumes no obligation to update or revise its estimated book value per common share prior to the issuance of financial statements for such periods.

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve many risks and uncertainties. The actual results of the Company may differ from its beliefs, expectations, estimates and projections and, therefore, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and may be identified by words such as “believe”, “expect”, “anticipate”, “estimate”, “project”, “plan”, “continue”, “have intention “” should “,” would “,” could “,” goal “,” objective “,” will “,” can “,” research “or similar expressions or their negative forms, or by references to a strategy, plans or intentions. Examples of forward-looking statements in this press release include statements regarding the book value per common share of the Company. The Company’s results may fluctuate from month to month and quarter to quarter depending on a variety of factors, some of which are beyond the control of the Company and / or are difficult to predict, including, without limited thereto, variations in interest rates and market value. the Company’s investments, changes in mortgage default rates and prepayment rates, the Company’s ability to borrow to finance its assets, changes in government regulations affecting the Company’s business, the Company’s ability to maintain its exclusion from registration under the Investment Company Act of 1940, the Company’s ability to maintain its qualification as a real estate investment trust, or “REIT”, and others changes in market conditions and economic trends, including changes resulting from the economic effects of the COVID-19 pandemic, and responses associated with the pandemic. In addition, forward-looking statements are subject to risks and uncertainties, including, but not limited to, those described in Section 1A of the Company’s Annual Report on Form 10-K, as amended, which can be viewed on the Company website at www.ellingtonfinancial .com or on the SEC website (www.sec.gov). Other risks, uncertainties and factors that could cause actual results to differ materially from those anticipated may be described from time to time in reports that the Company files with the SEC, including reports on Forms 10-Q, 10 -K and 8-K. The Company assumes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise.

This press release and the information it contains do not constitute an offer of securities or a solicitation of an offer to purchase securities.

About Ellington Financial

Ellington Financial invests in a wide range of financial assets including residential and commercial mortgages, residential and commercial mortgage-backed securities, consumer loans, and consumer-backed asset-backed securities. , secured loan bonds, non-mortgage and mortgage derivatives, equity investments in loan origination companies and other strategic investments. Ellington Financial is managed and externally advised by Ellington Financial Management LLC, a subsidiary of Ellington Management Group, LLC


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