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Russian Court Order - Update.

    03 July 2025 15:50:18
  • Source: Sharecast
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

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