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Russian Court Cases - Update
Business
Apr 13 2026
5 min read

Russian Court Cases - Update

 

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 17th March 2026, the appeal filed to a higher court, the Court of Cassation, is now due to be heard on 27th April 2026."

 

The Board will provide further updates as the cases progress.

 

13th April 2026

 

For further information:

 

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

Hugh Jonathan, Deutsche Numis                                            020 7260 1000