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| TIDM | JEMA |
| Share Price | 233.25p0.00% |
JPMorgan Emerging Europe, Middle East & Africa Securities PLC (JEMA) announced on May 28, 2025, that a Russian court postponed an appeal hearing. This appeal relates to a lawsuit filed by VTB Bank claiming $439 million against JEMA and eight J.P. Morgan legal entities. The appeal hearing has been rescheduled to July 2, 2025.
| Date | 28 May 2025 |
| Time | 17:12:05 |
| Category | Corporate updates |
| ID | 4859K |
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 $439 million against eight J.P. Morgan legal entities and JPMorgan Emerging Europe, Middle East & Africa Securities plc (JEMA), the Board announces the following update from the Company's Manager (in italics):
"The Russian court has postponed the appeal hearing in relation to a claim granted to VTB Bank against eight J.P. Morgan legal entities and JEMA to 2nd July 2025."
The Board will provide a further update once the court decision is announced.
28th May 2025
For further information:
Paul Winship, Neil Martin, JPMorgan Funds Limited 0800 20 40 20
Hugh Jonathan, Deutsche Numis 020 7260 1000