RNS Number : 5940U
JPMorgan Emerging EMEA Securities
08 August 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 $81.3 million against eight J.P. Morgan legal entities and the Company, the Board announces the following update from the Company's Manager (in italics):

 

"The Russian court has suspended the claim against eight J.P. Morgan legal entities and JEMA. The case will be suspended while the English Appeal court considers VTB's appeal of the decision in the English court granting the J.P. Morgan  entities and JEMA an anti-suit injunction. No further hearing date has currently been set in the Russian court matter. It is possible VTB may appeal the suspension."

 

The Board will provide further updates as the cases progress.

 

8th August 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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