RNS Number : 0560B
ZAIM Credit Systems PLC
07 June 2021
Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction
For Immediate Release
7 June 2021
Zaim Credit Systems Plc
("Zaim" or the "Group")
Result of AGM
Zaim Credit Systems plc. (LSE: ZAIM), the Russian focused fintech group, is pleased to announce that all resolutions proposed to shareholders at its Annual General Meeting held today were passed.
Enquiries:
About Zaim
Zaim Credit Systems Plc (ZCS) is the UK holding company of Zaim Express LLC ("Zaim"), a Russian-based fintech company. It has been operating in the microcredit market Russia since 2011 and is authorised to conduct microfinance activities by the Central Bank of Russia. Zaim occupies one of the leading positions in Moscow and the Moscow region and actively developing its online lending operations across Russia. It has developed a bespoke IT system, created a distribution network and online lending platform. Zaim currently provides loans with an average size of 8,000 Russian rubles ("RUB") (about £80) with a maximum amount of RUB30,000 (£300) for an average duration of less than one month.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
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