JPMorgan Emerg. EMEA - Update on Tender Application

JPMorgan Emerging Europe Middle East & Africa Securities

11/10/2023 18:04

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RNS Number : 8415P  JPMorgan Emerging EMEA Securities  11 October 2023

 

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

 

JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC

 

Legal Entity Identifier: 549300II3MHI98ZLVH37

 

Update from the Board of JPMorgan Emerging Europe, Middle East & Africa
Securities plc

 

Following the Board's announcement on 17(th) August 2023 that the Company was
applying to participate in a tender offered by Detsky Mir, the results of the
tender can now be confirmed.

 

The Board announce that the Company's application in respect of all its shares
held in Detsky Mir has been successful. Following the completion of the
tender, the Company will no longer have any holdings in Detsky Mir. The
proceeds (RUB 286.2m, approx. GBP2.35m) received from this tender will be held
in a custody 'S' account in Moscow and will not be recognised in the Company's
net asset value.

 

The above details will be included in the list of questions and answers
(Q&A) to be updated on the Company's website shortly.

 

11(th) October 2023

 

 For further information:

 

Paul Winship

Neil Martin

JPMorgan Funds Limited                     0800 20 40 20

 

Hugh Jonathan

Numis Securities plc                            020
7260 1000

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