JPMorgan Russian Securities PLC Net Asset Value(s) (9130V)

TIDMJRS

RNS Number : 9130V

JPMorgan Russian Securities PLC

12 August 2022

 
 
 
 
  JPMORGAN RUSSIAN SECURITIES PLC (the 
    'Company') 
   Legal Entity Identifier: 549300II3MHI98ZLVH37 
   THE COMPANY ANNOUNCES THE UNAUDITED NET 
    ASSET VALUE (NAV) As at: 11 August 2022 
   THE NET ASSET VALUE PER SHARE IN PENCE, 
    INCLUDING INCOME WITH DEBT AT FAIR VALUE:         46.58 
   The Company considers that the reopening 
    of Moscow Exchange (MOEX) for limited 
    trading hours has not materially affected 
    the value of its investments, given the 
    continued inability for non-Russian nationals 
    to trade locally and repatriate proceeds. 
    Therefore the Company believes it is 
    in the best interests of the shareholders 
    to apply an alternative valuation method 
    and therefore, for its MOEX local stock, 
    a fair value adjustment has been applied 
    to the last trade price on 25 February 
    2022 and for American Depositary Receipts 
    and Global Depositary Receipts a fair 
    value adjustment has been applied to 
    the last trade price on 2 March 2022. 
   Name of contact and telephone number 
    for queries: 
   Paul Ainger 0044 207 742 6524 
   Name of authorised company official responsible 
    for making this notification: 
   Paul Winship 0044 207 742 9815 - Company 
    Secretary 
   Date: 12 August 2022 
 
 
 
 
 
 
 

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 [e-mail] or visit 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.

END

NAVGPUMCRUPPGCP

(END) Dow Jones Newswires

August 12, 2022 10:48 ET (14:48 GMT)