| JPMORGAN RUSSIAN SECURITIES PLC (the 'Company') |
|
| Legal Entity Identifier: 549300II3MHI98ZLVH37 | |
| THE COMPANY ANNOUNCES THE UNAUDITED NET ASSET VALUE (NAV) As at: 15 November 2022 | |
| THE NET ASSET VALUE PER SHARE IN PENCE, INCLUDING INCOME WITH DEBT AT FAIR VALUE: | 46.74 |
| The Company considers that the reopening of Moscow Exchange (MOEX) for limited trading hours has not materially affected the value of its investments, given the continued inability for non-Russian nationals to trade locally and repatriate proceeds. Therefore the Company believes it is in the best interests of the shareholders to apply an alternative valuation method and therefore, for its MOEX local stock, a fair value adjustment has been applied to the last trade price on 25 February 2022 and for American Depositary Receipts and Global Depositary Receipts a fair value adjustment has been applied to the last trade price on 2 March 2022. | |
| Name of contact and telephone number for queries: | |
| Paul Ainger 0044 207 742 6524 | |
| Name of authorised company official responsible for making this notification: | |
| Paul Winship 0044 207 742 9815 - Company Secretary | |
| Date: 16 November 2022 | |
| | |
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.