15th Dec 2025 16:16
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC ('the Company' or 'JEMA')
Legal Entity Identifier: 549300II3MHI98ZLVH37
Russian Court Cases - Update
Further to the Board's previous RNS announcements regarding the lawsuits filed by VTB Bank in Russia claiming $439.5m, $81.3 million, $74.5 million and €108 million and the lawsuit filed by Sberbank in Russia claiming $830,183 against eight J.P. Morgan legal entities and the Company, the Board announces the following updates from JPMorgan Funds Limited (the Company's Manager) (in italics):
"VTB Bank claim ($439.5 million): Appeal filed to a higher court, the Court of Cassation, which is now due to be heard on 19th January 2026.
VTB Bank claim ($81.3 million): The case is under a court suspension ruling.
VTB Bank claim ($74.5 million): The case is under a court suspension ruling.
VTB Bank claim (€108 million): The case is under a court suspension ruling.
Sberbank claim ($830,183): Hearing date now 28th January 2026."
The Board will provide further updates as the cases progress.
15th December 2025
For further information:
Paul Winship, Neil Martin, JPMorgan Funds Limited 0800 20 40 20
Hugh Jonathan, Deutsche Numis 020 7260 1000
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