Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Zaim Credit Systems Plc LSE:ZAIM London Ordinary Share GB00BK5T9G03 ORD �0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.50 1.00 2.00 1.50 1.23 1.50 11,653 08:00:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 9.4 0.8 0.0 - 7

ZAIM Credit Systems PLC Statement on current situation in Russia

08/03/2022 7:00am

UK Regulatory (RNS & others)


Zaim Credit Systems (LSE:ZAIM)
Historical Stock Chart


From Dec 2021 to Jun 2022

Click Here for more Zaim Credit Systems Charts.

TIDMZAIM

RNS Number : 9353D

ZAIM Credit Systems PLC

08 March 2022

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction

For Immediate Release

8 March 2022

Zaim Credit Systems Plc

("Zaim" or together with its subsidiary the "Group")

Statement on current situation in Russia

Zaim Credit Systems plc ("Zaim"), the Russia focused fintech group, announces a statement regarding the current situation in Russia and Ukraine in respect of its wholly owned subsidiary, Zaim-Express LLC, ("Zaim-Express"). Zaim-Express ' principal activity is the issuance of microloans online via its web-site and mobile application and through a network of its branches in Moscow and the Moscow Region.

As a UK-listed entity, Zaim is currently complying with all UK, US & EU sanctions and will monitor the situation to ensure it continues to do so should they change in what is a rapidly evolving situation. It is important to note that:-

   --    Zaim is a holding company incorporated in England and Wales 

-- Zaim is majority owned by European shareholders - a list of those holding more than 3% of the Company's shares is available on the company website

   --    Zaim itself has no relationships with any Russian banks 

-- Zaim is accelerating its work to expand into other European countries and is actively undertaking an assessment of jurisdictions in which to deploy its technology

-- The business of Zaim Express operates solely within Russia and therefore is not affected by international restrictions on using the SWIFT international payment system.

Zaim Express and its systems are working as normal and it continues to serve its clients in the normal course of business with as yet no significant deviation in business performance. Zaim will provide a trading update in respect of Q4 2021 in due course.

Follow us on Twitter - @ZaimcreditSyst

   Sign up for our Newsletter -   https://tinyurl.com/4jjuuwve 

Enquiries:

 
 
  Zaim Credit Systems Plc 
Simon Retter 
 Siro Cicconi                    Tel: +44 (0) 73 9377 9849 
Alex Boreyko                   Tel: +7 925 708 98 16 
                                investors@zaimcreditsystemsplc.com 
Investor Relations: Flowcomms 
 Ltd 
Sasha Sethi                    Tel: +44 (0)7891 677441 
                                sasha@flowcomms.com 
Adviser: Beaumont Cornish 
 Limited 
Roland Cornish / James Biddle  Tel: +44 (0) 20 7628 3396 
 
Optiva Securities Limited 
Jeremy King / Vishal           Tel: +44 (0) 20 3137 1902 
 Balasingham 
 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018.

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 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

STREANDXEFEAEFA

(END) Dow Jones Newswires

March 08, 2022 02:00 ET (07:00 GMT)

1 Year Zaim Credit Systems Chart

1 Year Zaim Credit Systems Chart

1 Month Zaim Credit Systems Chart

1 Month Zaim Credit Systems Chart
ADVFN Advertorial
Your Recent History
LSE
ZAIM
Zaim Credi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220629 21:54:04