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

JPMorgan Emerging Europe Middle East & Africa SecuritiesAnnouncement

28/04/2026 07:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260428:nRSb1873Ca&default-theme=true

RNS Number : 1873C  JPMorgan Emerging EMEA Securities  28 April 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 update from JPMorgan Funds Limited (the Company's Manager) in
respect of the VTB $439.5m claim (in italics):

 

"Further to the announcement on 13th April 2026, the proceedings before the
Court of Cassation in respect of the appeal filed in the VTB $439.5m claim
have been suspended.

 

The Court of Cassation has indicated that it does not intend to schedule a
further hearing until the appeals filed by the relevant J.P. Morgan legal
entities to the Supreme Court in a separate claim unrelated to the Company
have been considered."

 

The Board will provide further updates as the cases progress.

 

28th April 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  FURPPURGCUPQUQR



            Copyright 2019 Regulatory News Service, all rights reserved