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Russian Court Order - Update

28th May 2025 17:12

RNS Number : 4859K
JPMorgan Emerging EMEA Securities
28 May 2025
 

 

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

 

JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC ('the Company' or 'JEMA')

 

Legal Entity Identifier: 549300II3MHI98ZLVH37

 

Russian Court Order - Update

 

Further to the Board's previous RNS announcements regarding the lawsuit filed by VTB Bank in Russia claiming $439 million against eight J.P. Morgan legal entities and JPMorgan Emerging Europe, Middle East & Africa Securities plc (JEMA), the Board announces the following update from the Company's Manager (in italics):

 

"The Russian court has postponed the appeal hearing in relation to a claim granted to VTB Bank against eight J.P. Morgan legal entities and JEMA to 2nd July 2025."

 

The Board will provide a further update once the court decision is announced.

 

28th May 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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