REG - JPMorgan Emerg. EMEA - Russian Court Cases - Update

JPMorgan Emerging Europe Middle East & Africa SecuritiesAnnouncement

16/02/2026 18:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260216:nRSP2380Ta&default-theme=true

RNS Number : 2380T  JPMorgan Emerging EMEA Securities  16 February 2026

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

 

JPMORGAN EMERGING EUROPE, MIDDLE EAST & AFRICA SECURITIES PLC

('the Company' or 'JEMA')

 

Legal Entity Identifier: 549300II3MHI98ZLVH37

 

Russian Court Cases - Update

 

Further to the Board's previous RNS announcements regarding the lawsuits filed
by VTB Bank in Russia claiming $439.5m, $81.3 million, $74.5 million and
€108 million and the lawsuit filed by Sberbank in Russia claiming $830,183
against eight J.P. Morgan legal entities and the Company, the Board announces
the following updates from JPMorgan Funds Limited (the Company's Manager) (in
italics):

 

 "VTB Bank claim ($439.5 million):                                          Appeal filed to a higher court, the Court of Cassation in Russia, which is now
                                                                            due to be heard on 16th March 2026.

 Sberbank claim ($830,183):                                                 Hearing date now 23rd March 2026

 VTB Bank claims ($81.3 million, and  $74.5 million and €108 million ):     On 11th February 2026, the English court of appeal dismissed VTB Bank's appeal
                                                                            against the Anti-Suit Injunction granted in the English Court. The written
                                                                            judgment will follow. VTB Bank will then have 14 days to withdraw the claims
                                                                            in Russia."

 

The Board will provide further updates as the cases progress.

 

16th February 2026

 

For further information:

 

Joel Clopon, Neil Martin, JPMorgan Funds Limited
0800 20 40 20

Hugh Jonathan, Deutsche Numis
 
            020 7260 1000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGPUACPUPQGMQ



            Copyright 2019 Regulatory News Service, all rights reserved