JMP JMP Group LLC

On June 18, 2019, JMP Group LLC (the “Company”) issued a press release announcing that its wholly owned subsidiary, JMP Group Inc. (the “Issuer”), caused notices to be issued to the holders of its 8.00% Senior Notes due 2023 (CUSIP No. 46629U 206; NYSE: JMPB) (the “2023 Notes”) regarding the Issuer’s exercise of its option to redeem $11.0 million principal amount of the issued and outstanding 2023 Notes pursuant to the terms of the Indenture for the 2023 Notes dated as of January 24, 2013, between the Issuer and U.S. Bank National Association, as trustee, as supplemented by the First Supplemental Indenture dated January, 25, 2013, the Second Supplemental Indenture dated as of January 29, 2014, the Third Supplemental Indenture dated as of October 14, 2014 and the Fourth Supplemental Indenture dated as of November 28, 2017. The Company will redeem $11,000,000 in aggregate principal amount of the 2023 Notes on July 18, 2019 (the “Redemption Date”). The 2023 Notes will be redeemed at 100% of their principal amount ($25 per 2023 Note), plus the accrued and unpaid interest thereon up to, but excluding, the Redemption Date. A copy of the press release announcing the partial redemption of the 2023 Notes is hereby incorporated by reference and filed herewith as Exhibit 99.1.