Russian Court Order Update
Source: RNS
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 RNS announcement on 6th September 2024 regarding the Russian court order update, the Board announces that on 11th September 2024 the Company's Manager informed the Board of the following (in italics):
"The Russian court has postponed a main hearing of a lawsuit filed by VTB Bank against nine J.P. Morgan legal entities to 16th October 2024. If judgment is given at this hearing, J.P. Morgan would have the right to appeal and the appeal process would likely last approximately 2 months. No seizure of J.P. Morgan's assets under the judgment is expected to take place during this time. We will continue to provide further details to our clients as the situation develops."
The Board will provide a further update once the court decision is announced.
12th September 2024
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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