Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Russian Court Order - Update

3rd Jul 2025 15:50

RNS Number : 6697P

JPMorgan Emerging EMEA Securities

03 July 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 lawsuits filed by VTB Bank in Russia claiming $439 million and $74.5 million against eight J.P. Morgan legal entities and JPMorgan Emerging Europe, Middle East & Africa Securities plc (JEMA), the Board announces the following updates from the Company's Manager (in italics):

"The Russian court has postponed the appeal hearing in relation to a $439 million claim granted to VTB Bank against eight J.P. Morgan legal entities and JEMA from 2nd July 2025 to 10th September 2025."

"The Russian court has postponed the preliminary hearing related to VTB Bank's $74.5 million claim against eight J.P. Morgan legal entities and JEMA from 25th June 2025 to 14th July 2025"

The Board will provide further updates once the court decisions are announced.

3rd July 2025

For further information:

Paul Winship, Neil Martin, JPMorgan Funds Limited 0800 20 40 20

Hugh Jonathan, Deutsche Numis 020 7260 1000

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 [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDUPUMUMUPAGCW

Related Shares:

FTSE 100 Latest

Value8,973.47

Change-2.19